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Comparable sales & offer analysis

Parcel ND-553981

McKenzie County, ND · 20.57 ac · Recreational · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$37,200
Adjusted value
$32,048
Value range
$26,107–$37,988
Comp $/acre
$1,558/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.1% versus the adjusted value.

Offer position

Max allowable offer
$18,313
Offer $/acre
$890/ac
Projected profit
$9,614
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-83481237.5Apr 26, 2026$65,2001,7351,57176
ND-70481737.7Feb 5, 2025$65,3001,7321,72965
ND-75510746.5Jun 2, 2025$53,9001,1601,74861
ND-7418544.4Dec 22, 2024$5,8001,3201,25561
ND-2317844.2Oct 2, 2025$5,9001,4011,09259
ND-46608894.6Oct 28, 2024$217,6002,3001,95955
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.