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Comparable sales & offer analysis

Parcel ND-570429

Morton County, ND · 1.57 ac · Mixed Use · Landlocked · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$4,300
Adjusted value
$4,297
Value range
$3,546–$5,048
Comp $/acre
$2,737/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.1% versus the adjusted value.

Offer position

Max allowable offer
$2,455
Offer $/acre
$1,564/ac
Projected profit
$1,289
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-5016043.7Jul 27, 2026$8,2002,2331,89569
ND-2014693.3May 9, 2026$12,4003,7272,69768
ND-3024997.0Jul 27, 2026$16,1002,2972,74967
ND-9318994.5Jan 2, 2026$19,6004,3123,09667
ND-3701141.3Nov 13, 2024$3,9003,1413,28066
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.