Comparable sales & offer analysis
Parcel ND-388259
McHenry County, ND · 456 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$488,000
Adjusted value
$512,144
Value range
$407,590–$616,699
Comp $/acre
$1,123/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.7% versus the adjusted value.
Offer position
Max allowable offer
$292,654
Offer $/acre
$642/ac
Projected profit
$153,643
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-488637 | 599.8 | Oct 11, 2025 | $741,400 | 1,236 | 1,391 | 80 |
| ND-616424 | 120.7 | Jul 27, 2026 | $185,200 | 1,534 | 1,229 | 71 |
| ND-657071 | 192.9 | Aug 15, 2025 | $285,200 | 1,478 | 1,186 | 65 |
| ND-469520 | 1137.1 | Apr 26, 2024 | $628,100 | 552 | 932 | 61 |
| ND-565986 | 87.9 | Dec 10, 2023 | $61,800 | 703 | 732 | 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.