Comparable sales & offer analysis
Parcel ND-488637
McHenry County, ND · 600 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$802,400
Adjusted value
$579,564
Value range
$483,146–$675,982
Comp $/acre
$966/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.4% versus the adjusted value.
Offer position
Max allowable offer
$331,180
Offer $/acre
$552/ac
Projected profit
$173,869
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-388259 | 456.1 | May 14, 2025 | $469,500 | 1,029 | 1,003 | 77 |
| ND-657071 | 192.9 | Aug 15, 2025 | $285,200 | 1,478 | 1,098 | 66 |
| ND-616424 | 120.7 | Jul 27, 2026 | $185,200 | 1,534 | 1,138 | 63 |
| ND-469520 | 1137.1 | Apr 26, 2024 | $628,100 | 552 | 863 | 62 |
| ND-565986 | 87.9 | Dec 10, 2023 | $61,800 | 703 | 677 | 55 |
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.