Comparable sales & offer analysis
Parcel ND-931899
Morton County, ND · 4.55 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,000
Adjusted value
$16,051
Value range
$13,117–$18,985
Comp $/acre
$3,528/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.6% versus the adjusted value.
Offer position
Max allowable offer
$9,172
Offer $/acre
$2,016/ac
Projected profit
$4,815
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-302499 | 7.0 | Jul 27, 2026 | $16,100 | 2,297 | 3,950 | 82 |
| ND-501604 | 3.7 | Jul 27, 2026 | $8,200 | 2,233 | 2,723 | 81 |
| ND-143107 | 10.9 | Jul 27, 2026 | $25,200 | 2,308 | 2,995 | 78 |
| ND-201469 | 3.3 | May 9, 2026 | $12,400 | 3,727 | 3,874 | 75 |
| ND-983437 | 13.9 | Jul 27, 2026 | $34,700 | 2,505 | 3,911 | 73 |
| ND-492836 | 9.0 | Dec 2, 2024 | $22,000 | 2,457 | 4,590 | 62 |
| ND-570429 | 1.6 | Jul 28, 2024 | $3,700 | 2,350 | 3,666 | 59 |
| ND-263264 | 12.2 | Apr 3, 2025 | $22,500 | 1,837 | 2,533 | 56 |
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.