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Comparable sales & offer analysis

Parcel ND-208165

Grand Forks County, ND · 426 ac · Residential · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$982,900
Adjusted value
$667,694
Value range
$571,646–$763,741
Comp $/acre
$1,567/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +47.2% versus the adjusted value.

Offer position

Max allowable offer
$381,539
Offer $/acre
$895/ac
Projected profit
$200,308
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-6197311324.9Feb 8, 2026$1,234,5009321,34972
ND-5194041045.5Jan 14, 2026$875,0008371,54467
ND-996853164.7Mar 22, 2026$206,1001,2511,32666
ND-957318230.7Feb 6, 2024$398,7001,7281,88065
ND-386805159.1Dec 17, 2023$289,3001,8181,79557
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.