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Comparable sales & offer analysis

Parcel ND-996853

Grand Forks County, ND · 165 ac · Agricultural · Dirt · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$220,900
Adjusted value
$286,561
Value range
$249,755–$323,367
Comp $/acre
$1,740/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.9% versus the adjusted value.

Offer position

Max allowable offer
$163,749
Offer $/acre
$994/ac
Projected profit
$85,968
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-386805159.1Dec 17, 2023$289,3001,8181,73181
ND-836207103.2Feb 20, 2026$215,7002,0911,61573
ND-957318230.7Feb 6, 2024$398,7001,7281,81468
ND-91612096.9Oct 21, 2024$167,4001,7281,43764
ND-208165426.1Feb 10, 2025$892,5002,0952,14959
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.