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Comparable sales & offer analysis

Parcel ND-863839

McLean County, ND · 18.56 ac · Unzoned · Gravel · Full utilities

LandPilot
Prepared Oct 3, 2026

Valuation summary

Asking price
$41,600
Adjusted value
$51,622
Value range
$46,212–$57,031
Comp $/acre
$2,781/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.4% versus the adjusted value.

Offer position

Max allowable offer
$29,498
Offer $/acre
$1,589/ac
Projected profit
$15,487
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$41,3001,6142,52578
ND-45412222.8Aug 1, 2025$50,7002,2242,78673
ND-49415423.3Oct 25, 2023$28,9001,2412,57768
ND-66558065.5Jul 27, 2026$152,5002,3292,91468
ND-24602690.5Jul 27, 2026$221,3002,4462,79464
ND-1616643.8Jan 9, 2026$8,4002,2002,89959
ND-476176100.9Sep 29, 2024$113,8001,1282,41154
ND-27596486.5Jul 26, 2024$147,8001,7083,50151
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.