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Comparable sales & offer analysis

Parcel ND-143107

Morton County, ND · 10.92 ac · Mixed Use · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$28,900
Adjusted value
$31,435
Value range
$25,338–$37,533
Comp $/acre
$2,879/ac

Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.1% versus the adjusted value.

Offer position

Max allowable offer
$17,963
Offer $/acre
$1,645/ac
Projected profit
$9,431
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-98343713.9Jul 27, 2026$34,7002,5053,02086
ND-3024997.0Jul 27, 2026$16,1002,2973,05085
ND-5016043.7Jul 27, 2026$8,2002,2332,10276
ND-9318994.5Jan 2, 2026$19,6004,3123,43574
ND-4928369.0Dec 2, 2024$22,0002,4573,54572
ND-26326412.2Apr 3, 2025$22,5001,8371,95670
ND-2014693.3May 9, 2026$12,4003,7272,99166
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.