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Comparable sales & offer analysis

Parcel ND-494154

McLean County, ND · 23.31 ac · Mixed Use · Landlocked · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$28,300
Adjusted value
$34,186
Value range
$29,601–$38,772
Comp $/acre
$1,467/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.2% versus the adjusted value.

Offer position

Max allowable offer
$19,535
Offer $/acre
$838/ac
Projected profit
$10,256
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-25428225.6Apr 22, 2026$41,3001,6141,35986
ND-45412222.8Aug 1, 2025$50,7002,2241,49976
ND-86383918.6Mar 20, 2025$39,2002,1141,21173
ND-66558065.5Jul 27, 2026$152,5002,3291,56868
ND-24602690.5Jul 27, 2026$221,3002,4461,50368
ND-27596486.5Jul 26, 2024$147,8001,7081,88461
ND-476176100.9Sep 29, 2024$113,8001,1281,29755
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.