Comparable sales & offer analysis
Parcel ND-143107
Morton County, ND · 10.92 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$28,900
Adjusted value
$31,612
Value range
$25,475–$37,748
Comp $/acre
$2,895/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.6% versus the adjusted value.
Offer position
Max allowable offer
$18,064
Offer $/acre
$1,654/ac
Projected profit
$9,484
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 | 3,037 | 85 |
| ND-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 3,067 | 84 |
| ND-501604 | 3.7 | Jul 27, 2026 | $8,200 | 2,233 | 2,114 | 75 |
| ND-931899 | 4.5 | Jan 2, 2026 | $19,600 | 4,312 | 3,454 | 73 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 3,564 | 71 |
| ND-263264 | 12.2 | Apr 3, 2025 | $22,500 | 1,837 | 1,967 | 69 |
| ND-201469 | 3.3 | May 9, 2026 | $12,400 | 3,727 | 3,008 | 65 |
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.