Comparable sales & offer analysis
Parcel ND-494154
McLean County, ND · 23.31 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$28,300
Adjusted value
$34,369
Value range
$29,751–$38,988
Comp $/acre
$1,474/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.7% versus the adjusted value.
Offer position
Max allowable offer
$19,640
Offer $/acre
$843/ac
Projected profit
$10,311
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-254282 | 25.6 | Apr 22, 2026 | $41,300 | 1,614 | 1,366 | 85 |
| ND-454122 | 22.8 | Aug 1, 2025 | $50,700 | 2,224 | 1,507 | 76 |
| ND-863839 | 18.6 | Mar 20, 2025 | $39,200 | 2,114 | 1,217 | 72 |
| ND-665580 | 65.5 | Jul 27, 2026 | $152,500 | 2,329 | 1,576 | 66 |
| ND-246026 | 90.5 | Jul 27, 2026 | $221,300 | 2,446 | 1,511 | 66 |
| ND-275964 | 86.5 | Jul 26, 2024 | $147,800 | 1,708 | 1,894 | 61 |
| ND-476176 | 100.9 | Sep 29, 2024 | $113,800 | 1,128 | 1,304 | 55 |
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.