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Comparable sales & offer analysis

Parcel ND-619731

Grand Forks County, ND · 1,325 ac · Unzoned · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$1,327,400
Adjusted value
$1,638,236
Value range
$1,346,129–$1,930,343
Comp $/acre
$1,236/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.

Offer position

Max allowable offer
$936,135
Offer $/acre
$707/ac
Projected profit
$491,471
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-5194041045.5Jan 14, 2026$875,0008371,08977
ND-208165426.1Feb 10, 2025$892,5002,0951,57266
ND-996853164.7Mar 22, 2026$206,1001,25193658
ND-957318230.7Feb 6, 2024$398,7001,7281,32755
ND-386805159.1Dec 17, 2023$289,3001,8181,26750
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.