Comparable sales & offer analysis
Parcel ND-467367
McLean County, ND · 239 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$196,100
Adjusted value
$226,955
Value range
$176,403–$277,506
Comp $/acre
$949/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.6% versus the adjusted value.
Offer position
Max allowable offer
$129,688
Offer $/acre
$543/ac
Projected profit
$68,086
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-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 1,024 | 82 |
| ND-278151 | 421.8 | Jul 27, 2026 | $249,000 | 590 | 698 | 81 |
| ND-647400 | 244.8 | Jul 15, 2025 | $211,700 | 865 | 738 | 79 |
| ND-246026 | 90.5 | Jul 27, 2026 | $221,300 | 2,446 | 1,119 | 76 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 769 | 75 |
| ND-947795 | 325.9 | Jul 31, 2024 | $323,800 | 993 | 1,003 | 67 |
| ND-476176 | 100.9 | Sep 29, 2024 | $113,800 | 1,128 | 966 | 66 |
| ND-275964 | 86.5 | Jul 26, 2024 | $147,800 | 1,708 | 1,403 | 59 |
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.