Comparable sales & offer analysis
Parcel ND-208165
Grand Forks County, ND · 426 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$982,900
Adjusted value
$671,664
Value range
$575,163–$768,165
Comp $/acre
$1,576/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +46.3% versus the adjusted value.
Offer position
Max allowable offer
$383,808
Offer $/acre
$901/ac
Projected profit
$201,499
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-619731 | 1324.9 | Feb 8, 2026 | $1,234,500 | 932 | 1,356 | 71 |
| ND-519404 | 1045.5 | Jan 14, 2026 | $875,000 | 837 | 1,552 | 66 |
| ND-996853 | 164.7 | Mar 22, 2026 | $206,100 | 1,251 | 1,333 | 65 |
| ND-957318 | 230.7 | Feb 6, 2024 | $398,700 | 1,728 | 1,890 | 64 |
| ND-386805 | 159.1 | Dec 17, 2023 | $289,300 | 1,818 | 1,804 | 57 |
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.