Comparable sales & offer analysis
Parcel ND-263264
Morton County, ND · 12.23 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$23,600
Adjusted value
$35,449
Value range
$29,099–$41,799
Comp $/acre
$2,899/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.4% versus the adjusted value.
Offer position
Max allowable offer
$20,257
Offer $/acre
$1,656/ac
Projected profit
$10,635
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-983437 | 13.9 | Jul 27, 2026 | $34,700 | 2,505 | 3,016 | 85 |
| ND-143107 | 10.9 | Jul 27, 2026 | $25,200 | 2,308 | 2,309 | 78 |
| ND-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 3,045 | 73 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 3,539 | 69 |
| ND-501604 | 3.7 | Jul 27, 2026 | $8,200 | 2,233 | 2,099 | 63 |
| ND-931899 | 4.5 | Jan 2, 2026 | $19,600 | 4,312 | 3,429 | 60 |
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.