Comparable sales & offer analysis
Parcel ND-946063
Morton County, ND · 92.94 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$138,400
Adjusted value
$147,460
Value range
$112,953–$181,967
Comp $/acre
$1,587/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.1% versus the adjusted value.
Offer position
Max allowable offer
$84,263
Offer $/acre
$907/ac
Projected profit
$44,238
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-815915 | 83.5 | Jul 27, 2026 | $246,800 | 2,956 | 1,705 | 84 |
| ND-195524 | 62.9 | Jan 17, 2026 | $67,800 | 1,078 | 1,261 | 78 |
| ND-487190 | 210.3 | Apr 20, 2026 | $214,800 | 1,022 | 1,492 | 74 |
| ND-467392 | 243.4 | Jul 27, 2026 | $248,000 | 1,019 | 1,304 | 73 |
| ND-585470 | 60.5 | Jan 1, 2025 | $149,400 | 2,470 | 1,666 | 73 |
| ND-317286 | 225.4 | Apr 9, 2025 | $226,300 | 1,004 | 1,139 | 67 |
| ND-827081 | 194.3 | Jul 21, 2025 | $461,700 | 2,376 | 2,439 | 66 |
| ND-345062 | 45.0 | Jan 29, 2025 | $107,900 | 2,397 | 1,766 | 62 |
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.