Comparable sales & offer analysis
Parcel ND-370114
Morton County, ND · 1.25 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,700
Adjusted value
$3,325
Value range
$2,743–$3,906
Comp $/acre
$2,660/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.3% versus the adjusted value.
Offer position
Max allowable offer
$1,900
Offer $/acre
$1,520/ac
Projected profit
$997
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-501604 | 3.7 | Jul 27, 2026 | $8,200 | 2,233 | 1,959 | 78 |
| ND-201469 | 3.3 | May 9, 2026 | $12,400 | 3,727 | 2,787 | 67 |
| ND-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 2,842 | 65 |
| ND-143107 | 10.9 | Jul 27, 2026 | $25,200 | 2,308 | 2,155 | 65 |
| ND-570429 | 1.6 | Jul 28, 2024 | $3,700 | 2,350 | 2,637 | 64 |
| ND-931899 | 4.5 | Jan 2, 2026 | $19,600 | 4,312 | 3,200 | 62 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 3,302 | 54 |
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.