Comparable sales & offer analysis
Parcel ND-729185
McLean County, ND · 892 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$690,000
Adjusted value
$634,654
Value range
$487,534–$781,775
Comp $/acre
$711/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.7% versus the adjusted value.
Offer position
Max allowable offer
$362,660
Offer $/acre
$407/ac
Projected profit
$190,396
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-278151 | 421.8 | Jul 27, 2026 | $249,000 | 590 | 554 | 80 |
| ND-968036 | 388.1 | Jun 8, 2026 | $404,100 | 1,041 | 812 | 72 |
| ND-939448 | 1079.3 | Apr 8, 2025 | $378,500 | 351 | 538 | 71 |
| ND-549673 | 1270.4 | Jul 3, 2025 | $852,900 | 671 | 782 | 70 |
| ND-929442 | 1074.7 | Mar 17, 2025 | $730,300 | 680 | 1,044 | 69 |
| ND-179392 | 1036.4 | Nov 1, 2023 | $370,800 | 358 | 573 | 65 |
| ND-787759 | 317.5 | Jul 5, 2025 | $146,100 | 460 | 610 | 65 |
| ND-947795 | 325.9 | Jul 31, 2024 | $323,800 | 993 | 795 | 64 |
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.
