Comparable sales & offer analysis
Parcel ND-195524
Morton County, ND · 62.90 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,800
Adjusted value
$95,127
Value range
$77,674–$112,581
Comp $/acre
$1,512/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.6% versus the adjusted value.
Offer position
Max allowable offer
$54,358
Offer $/acre
$864/ac
Projected profit
$28,538
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-946063 | 92.9 | Jul 27, 2026 | $130,600 | 1,406 | 1,240 | 82 |
| ND-815915 | 83.5 | Jul 27, 2026 | $246,800 | 2,956 | 1,500 | 79 |
| ND-585470 | 60.5 | Jan 1, 2025 | $149,400 | 2,470 | 1,466 | 74 |
| ND-487190 | 210.3 | Apr 20, 2026 | $214,800 | 1,022 | 1,313 | 66 |
| ND-345062 | 45.0 | Jan 29, 2025 | $107,900 | 2,397 | 1,553 | 64 |
| ND-827081 | 194.3 | Jul 21, 2025 | $461,700 | 2,376 | 2,145 | 59 |
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.