Comparable sales & offer analysis
Parcel ND-278151
McLean County, ND · 422 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$290,900
Adjusted value
$318,089
Value range
$254,837–$381,341
Comp $/acre
$754/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.5% versus the adjusted value.
Offer position
Max allowable offer
$181,765
Offer $/acre
$431/ac
Projected profit
$95,427
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-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 868 | 82 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 651 | 79 |
| ND-467367 | 239.0 | Nov 8, 2025 | $193,000 | 807 | 706 | 75 |
| ND-729185 | 892.1 | Oct 18, 2025 | $567,900 | 637 | 703 | 73 |
| ND-947795 | 325.9 | Jul 31, 2024 | $323,800 | 993 | 850 | 71 |
| ND-647400 | 244.8 | Jul 15, 2025 | $211,700 | 865 | 625 | 69 |
| ND-549673 | 1270.4 | Jul 3, 2025 | $852,900 | 671 | 835 | 65 |
| ND-929442 | 1074.7 | Mar 17, 2025 | $730,300 | 680 | 1,114 | 62 |
| ND-939448 | 1079.3 | Apr 8, 2025 | $378,500 | 351 | 575 | 60 |
| ND-179392 | 1036.4 | Nov 1, 2023 | $370,800 | 358 | 612 | 58 |
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.