Comparable sales & offer analysis
Parcel ND-373610
McHenry County, ND · 15.72 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,500
Adjusted value
$29,571
Value range
$24,087–$35,056
Comp $/acre
$1,881/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.7% versus the adjusted value.
Offer position
Max allowable offer
$16,898
Offer $/acre
$1,075/ac
Projected profit
$8,871
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-274359 | 27.1 | Jul 27, 2026 | $92,400 | 3,417 | 2,119 | 78 |
| ND-674734 | 35.5 | Jul 27, 2026 | $48,000 | 1,352 | 1,414 | 76 |
| ND-402404 | 6.6 | Jul 27, 2026 | $20,800 | 3,175 | 2,014 | 76 |
| ND-253855 | 18.8 | Sep 28, 2024 | $48,700 | 2,594 | 2,260 | 74 |
| ND-454143 | 23.1 | Mar 19, 2026 | $62,600 | 2,704 | 2,309 | 73 |
| ND-352230 | 5.8 | Mar 29, 2026 | $7,400 | 1,288 | 1,210 | 72 |
| ND-705111 | 46.6 | Apr 16, 2026 | $114,900 | 2,465 | 1,911 | 70 |
| ND-864723 | 35.2 | Apr 25, 2026 | $74,800 | 2,123 | 1,928 | 70 |
| ND-191997 | 4.9 | Oct 20, 2025 | $11,900 | 2,430 | 1,568 | 65 |
| ND-285305 | 53.7 | Jun 3, 2025 | $150,200 | 2,799 | 2,056 | 64 |
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.