Comparable sales & offer analysis
Parcel ND-501604
Morton County, ND · 3.68 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$9,400
Adjusted value
$11,712
Value range
$9,619–$13,806
Comp $/acre
$3,183/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.7% versus the adjusted value.
Offer position
Max allowable offer
$6,693
Offer $/acre
$1,819/ac
Projected profit
$3,514
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-201469 | 3.3 | May 9, 2026 | $12,400 | 3,727 | 3,184 | 84 |
| ND-931899 | 4.5 | Jan 2, 2026 | $19,600 | 4,312 | 3,656 | 78 |
| ND-143107 | 10.9 | Jul 27, 2026 | $25,200 | 2,308 | 2,462 | 76 |
| ND-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 3,246 | 76 |
| ND-370114 | 1.3 | Nov 13, 2024 | $3,900 | 3,141 | 3,873 | 68 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 3,773 | 62 |
| ND-570429 | 1.6 | Jul 28, 2024 | $3,700 | 2,350 | 3,014 | 56 |
| ND-263264 | 12.2 | Apr 3, 2025 | $22,500 | 1,837 | 2,082 | 55 |
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.