Comparable sales & offer analysis
Parcel ND-947795
McLean County, ND · 326 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$392,000
Adjusted value
$299,651
Value range
$237,461–$361,841
Comp $/acre
$919/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +30.8% versus the adjusted value.
Offer position
Max allowable offer
$171,229
Offer $/acre
$525/ac
Projected profit
$89,895
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-278151 | 421.8 | Jul 27, 2026 | $249,000 | 590 | 755 | 82 |
| ND-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 1,108 | 79 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 831 | 79 |
| ND-467367 | 239.0 | Nov 8, 2025 | $193,000 | 807 | 901 | 72 |
| ND-729185 | 892.1 | Oct 18, 2025 | $567,900 | 637 | 898 | 69 |
| ND-647400 | 244.8 | Jul 15, 2025 | $211,700 | 865 | 798 | 68 |
| ND-939448 | 1079.3 | Apr 8, 2025 | $378,500 | 351 | 733 | 60 |
| ND-476176 | 100.9 | Sep 29, 2024 | $113,800 | 1,128 | 1,045 | 58 |
| ND-929442 | 1074.7 | Mar 17, 2025 | $730,300 | 680 | 1,423 | 55 |
| ND-179392 | 1036.4 | Nov 1, 2023 | $370,800 | 358 | 781 | 51 |
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.