Comparable sales & offer analysis
Parcel ND-608524
Morton County, ND · 553 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$704,100
Adjusted value
$560,186
Value range
$403,334–$717,038
Comp $/acre
$1,014/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +25.7% versus the adjusted value.
Offer position
Max allowable offer
$320,106
Offer $/acre
$579/ac
Projected profit
$168,056
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-538279 | 462.8 | Apr 27, 2026 | $379,600 | 820 | 671 | 81 |
| ND-467392 | 243.4 | Jul 27, 2026 | $248,000 | 1,019 | 937 | 71 |
| ND-467903 | 352.4 | May 25, 2025 | $546,400 | 1,550 | 995 | 69 |
| ND-487190 | 210.3 | Apr 20, 2026 | $214,800 | 1,022 | 1,073 | 69 |
| ND-317286 | 225.4 | Apr 9, 2025 | $226,300 | 1,004 | 819 | 68 |
| ND-827081 | 194.3 | Jul 21, 2025 | $461,700 | 2,376 | 1,753 | 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.