Comparable sales & offer analysis
Parcel ND-983437
Morton County, ND · 13.87 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$34,300
Adjusted value
$32,931
Value range
$26,220–$39,643
Comp $/acre
$2,374/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.2% versus the adjusted value.
Offer position
Max allowable offer
$18,818
Offer $/acre
$1,357/ac
Projected profit
$9,879
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-143107 | 10.9 | Jul 27, 2026 | $25,200 | 2,308 | 1,933 | 85 |
| ND-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 2,549 | 78 |
| ND-263264 | 12.2 | Apr 3, 2025 | $22,500 | 1,837 | 1,635 | 76 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 2,963 | 69 |
| ND-931899 | 4.5 | Jan 2, 2026 | $19,600 | 4,312 | 2,871 | 68 |
| ND-345062 | 45.0 | Jan 29, 2025 | $107,900 | 2,397 | 2,468 | 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.