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Comparable sales & offer analysis

Parcel ND-179392

McLean County, ND · 1,036 ac · Mixed Use · Dirt · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$427,200
Adjusted value
$525,398
Value range
$405,799–$644,997
Comp $/acre
$507/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.7% versus the adjusted value.

Offer position

Max allowable offer
$300,228
Offer $/acre
$290/ac
Projected profit
$157,619
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-9294421074.7Mar 17, 2025$730,30068072882
ND-9394481079.3Apr 8, 2025$378,50035137578
ND-729185892.1Oct 18, 2025$567,90063746073
ND-278151421.8Jul 27, 2026$249,00059038773
ND-5496731270.4Jul 3, 2025$852,90067154672
ND-968036388.1Jun 8, 2026$404,1001,04156768
ND-787759317.5Jul 5, 2025$146,10046042564
ND-947795325.9Jul 31, 2024$323,80099355553
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.