Comparable sales & offer analysis
Parcel ND-467392
Morton County, ND · 243 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$269,300
Adjusted value
$288,066
Value range
$207,715–$368,416
Comp $/acre
$1,184/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.5% versus the adjusted value.
Offer position
Max allowable offer
$164,609
Offer $/acre
$676/ac
Projected profit
$86,420
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-487190 | 210.3 | Apr 20, 2026 | $214,800 | 1,022 | 1,175 | 85 |
| ND-317286 | 225.4 | Apr 9, 2025 | $226,300 | 1,004 | 897 | 79 |
| ND-827081 | 194.3 | Jul 21, 2025 | $461,700 | 2,376 | 1,921 | 74 |
| ND-538279 | 462.8 | Apr 27, 2026 | $379,600 | 820 | 735 | 73 |
| ND-946063 | 92.9 | Jul 27, 2026 | $130,600 | 1,406 | 1,110 | 72 |
| ND-467903 | 352.4 | May 25, 2025 | $546,400 | 1,550 | 1,090 | 72 |
| ND-815915 | 83.5 | Jul 27, 2026 | $246,800 | 2,956 | 1,343 | 68 |
| ND-608524 | 552.7 | Dec 24, 2025 | $596,400 | 1,079 | 1,221 | 66 |
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.