Comparable sales & offer analysis
Parcel ND-311051
McLean County, ND · 2.46 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,700
Adjusted value
$5,037
Value range
$4,634–$5,439
Comp $/acre
$2,047/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.0% versus the adjusted value.
Offer position
Max allowable offer
$2,878
Offer $/acre
$1,170/ac
Projected profit
$1,511
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-420792 | 2.0 | Mar 4, 2025 | $3,600 | 1,768 | 2,132 | 76 |
| ND-161664 | 3.8 | Jan 9, 2026 | $8,400 | 2,200 | 2,243 | 69 |
| ND-254282 | 25.6 | Apr 22, 2026 | $41,300 | 1,614 | 1,953 | 65 |
| ND-454122 | 22.8 | Aug 1, 2025 | $50,700 | 2,224 | 2,155 | 58 |
| ND-863839 | 18.6 | Mar 20, 2025 | $39,200 | 2,114 | 1,741 | 56 |
| ND-494154 | 23.3 | Oct 25, 2023 | $28,900 | 1,241 | 1,994 | 53 |
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.