Comparable sales & offer analysis
Parcel ND-677587
Mountrail County, ND · 280 ac · Mixed Use · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$493,900
Adjusted value
$599,505
Value range
$504,479–$694,532
Comp $/acre
$2,139/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.6% versus the adjusted value.
Offer position
Max allowable offer
$342,575
Offer $/acre
$1,222/ac
Projected profit
$179,852
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-817580 | 278.9 | May 7, 2024 | $321,500 | 1,153 | 2,121 | 76 |
| ND-289652 | 1251.2 | Jun 20, 2026 | $1,408,100 | 1,125 | 2,460 | 67 |
| ND-186246 | 106.1 | Apr 26, 2026 | $108,700 | 1,024 | 1,696 | 66 |
| ND-328375 | 496.1 | Apr 5, 2024 | $446,400 | 900 | 2,318 | 65 |
| ND-415238 | 51.1 | Apr 23, 2025 | $106,800 | 2,089 | 2,503 | 62 |
| ND-165750 | 74.1 | Sep 29, 2025 | $80,000 | 1,079 | 1,562 | 61 |
| ND-979442 | 1074.7 | Mar 3, 2025 | $1,080,600 | 1,005 | 2,311 | 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.