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Comparable sales & offer analysis

Parcel ND-553981

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

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$37,200
Adjusted value
$31,872
Value range
$25,963–$37,782
Comp $/acre
$1,549/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.7% versus the adjusted value.

Offer position

Max allowable offer
$18,213
Offer $/acre
$885/ac
Projected profit
$9,562
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$65,2001,7351,56277
ND-70481737.7Feb 5, 2025$65,3001,7321,72065
ND-75510746.5Jun 2, 2025$53,9001,1601,73962
ND-7418544.4Dec 22, 2024$5,8001,3201,24862
ND-2317844.2Oct 2, 2025$5,9001,4011,08660
ND-46608894.6Oct 28, 2024$217,6002,3001,94956
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.