Comparable sales & offer analysis
Parcel ND-764987
Grand Forks County, ND · 42.63 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$66,500
Adjusted value
$89,072
Value range
$68,560–$109,585
Comp $/acre
$2,089/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.3% versus the adjusted value.
Offer position
Max allowable offer
$50,898
Offer $/acre
$1,194/ac
Projected profit
$26,722
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-104639 | 33.1 | Jul 27, 2026 | $93,200 | 2,814 | 1,844 | 77 |
| ND-424585 | 31.9 | Aug 1, 2025 | $79,200 | 2,486 | 2,478 | 77 |
| ND-874474 | 29.4 | Aug 7, 2025 | $68,400 | 2,325 | 2,286 | 77 |
| ND-634694 | 34.5 | Nov 7, 2025 | $54,100 | 1,570 | 1,255 | 71 |
| ND-836207 | 103.2 | Feb 20, 2026 | $215,700 | 2,091 | 2,059 | 70 |
| ND-813326 | 12.8 | Nov 2, 2025 | $62,800 | 4,904 | 2,915 | 61 |
| ND-916120 | 96.9 | Oct 21, 2024 | $167,400 | 1,728 | 1,832 | 60 |
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.
