Comparable sales & offer analysis
Parcel ND-424585
Grand Forks County, ND · 31.86 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$81,900
Adjusted value
$66,323
Value range
$51,378–$81,268
Comp $/acre
$2,082/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.5% versus the adjusted value.
Offer position
Max allowable offer
$37,899
Offer $/acre
$1,190/ac
Projected profit
$19,897
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| ND-764987 | 42.6 | Jul 27, 2026 | $65,600 | 1,538 | 1,623 | 86 |
| ND-874474 | 29.4 | Aug 7, 2025 | $68,400 | 2,325 | 2,394 | 83 |
| ND-104639 | 33.1 | Jul 27, 2026 | $93,200 | 2,814 | 1,930 | 83 |
| ND-634694 | 34.5 | Nov 7, 2025 | $54,100 | 1,570 | 1,314 | 76 |
| ND-363053 | 10.5 | Jul 27, 2026 | $41,600 | 3,966 | 2,250 | 74 |
| ND-813326 | 12.8 | Nov 2, 2025 | $62,800 | 4,904 | 3,053 | 71 |
| ND-836207 | 103.2 | Feb 20, 2026 | $215,700 | 2,091 | 2,156 | 66 |
| ND-916120 | 96.9 | Oct 21, 2024 | $167,400 | 1,728 | 1,919 | 63 |
| ND-433213 | 11.8 | Apr 27, 2024 | $40,000 | 3,389 | 2,229 | 58 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.
