Comparable sales & offer analysis
Parcel ND-647400
McLean County, ND · 245 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$229,600
Adjusted value
$290,253
Value range
$228,856–$351,649
Comp $/acre
$1,186/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$165,859
Offer $/acre
$677/ac
Projected profit
$87,076
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-467367 | 239.0 | Nov 8, 2025 | $193,000 | 807 | 1,027 | 80 |
| ND-278151 | 421.8 | Jul 27, 2026 | $249,000 | 590 | 861 | 76 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 947 | 74 |
| ND-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 1,263 | 73 |
| ND-246026 | 90.5 | Jul 27, 2026 | $221,300 | 2,446 | 1,380 | 71 |
| ND-947795 | 325.9 | Jul 31, 2024 | $323,800 | 993 | 1,236 | 64 |
| ND-275964 | 86.5 | Jul 26, 2024 | $147,800 | 1,708 | 1,729 | 59 |
| ND-476176 | 100.9 | Sep 29, 2024 | $113,800 | 1,128 | 1,191 | 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.