Comparable sales & offer analysis
Parcel ND-947795
McLean County, ND · 326 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$392,000
Adjusted value
$298,065
Value range
$236,202–$359,928
Comp $/acre
$915/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.5% versus the adjusted value.
Offer position
Max allowable offer
$170,323
Offer $/acre
$523/ac
Projected profit
$89,419
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 | 751 | 83 |
| ND-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 1,102 | 80 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 827 | 79 |
| ND-467367 | 239.0 | Nov 8, 2025 | $193,000 | 807 | 896 | 73 |
| ND-729185 | 892.1 | Oct 18, 2025 | $567,900 | 637 | 893 | 70 |
| ND-647400 | 244.8 | Jul 15, 2025 | $211,700 | 865 | 793 | 69 |
| ND-939448 | 1079.3 | Apr 8, 2025 | $378,500 | 351 | 730 | 61 |
| ND-476176 | 100.9 | Sep 29, 2024 | $113,800 | 1,128 | 1,039 | 59 |
| ND-929442 | 1074.7 | Mar 17, 2025 | $730,300 | 680 | 1,415 | 55 |
| ND-179392 | 1036.4 | Nov 1, 2023 | $370,800 | 358 | 777 | 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.