Comparable sales & offer analysis
Parcel ND-420964
McKenzie County, ND · 2.31 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,900
Adjusted value
$3,260
Value range
$2,624–$3,896
Comp $/acre
$1,411/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.0% versus the adjusted value.
Offer position
Max allowable offer
$1,863
Offer $/acre
$806/ac
Projected profit
$978
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-700870 | 2.2 | Sep 29, 2025 | $5,700 | 2,660 | 1,308 | 79 |
| ND-741073 | 2.5 | Sep 25, 2025 | $6,600 | 2,659 | 1,889 | 76 |
| ND-430463 | 1.6 | May 21, 2026 | $2,600 | 1,597 | 1,288 | 76 |
| ND-691449 | 3.3 | Oct 23, 2024 | $6,500 | 1,969 | 1,462 | 70 |
| ND-231784 | 4.2 | Oct 2, 2025 | $5,900 | 1,401 | 1,008 | 67 |
| ND-171526 | 3.5 | Oct 16, 2024 | $9,700 | 2,789 | 1,759 | 64 |
| ND-171588 | 3.6 | Apr 19, 2025 | $8,100 | 2,224 | 1,378 | 64 |
| ND-741854 | 4.4 | Dec 22, 2024 | $5,800 | 1,320 | 1,159 | 62 |
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.