Comparable sales & offer analysis
Parcel ND-402404
McHenry County, ND · 6.56 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,400
Adjusted value
$15,215
Value range
$11,207–$19,222
Comp $/acre
$2,319/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.1% versus the adjusted value.
Offer position
Max allowable offer
$8,694
Offer $/acre
$1,325/ac
Projected profit
$4,564
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-352230 | 5.8 | Mar 29, 2026 | $7,400 | 1,288 | 1,912 | 87 |
| ND-191997 | 4.9 | Oct 20, 2025 | $11,900 | 2,430 | 2,476 | 80 |
| ND-373610 | 15.7 | Jun 3, 2026 | $19,600 | 1,244 | 1,982 | 74 |
| ND-340773 | 2.0 | Dec 11, 2025 | $3,800 | 1,879 | 1,846 | 65 |
| ND-253855 | 18.8 | Sep 28, 2024 | $48,700 | 2,594 | 3,569 | 63 |
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.