Comparable sales & offer analysis
Parcel ND-408654
Richland County, ND · 607 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,361,600
Adjusted value
$1,022,609
Value range
$817,600–$1,227,618
Comp $/acre
$1,684/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.1% versus the adjusted value.
Offer position
Max allowable offer
$584,348
Offer $/acre
$962/ac
Projected profit
$306,783
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-797728 | 310.5 | Jul 27, 2026 | $519,200 | 1,672 | 1,379 | 77 |
| ND-917492 | 261.7 | Jun 24, 2026 | $569,300 | 2,175 | 1,714 | 73 |
| ND-678528 | 554.3 | Sep 2, 2024 | $1,204,400 | 2,173 | 2,305 | 70 |
| ND-266342 | 113.8 | Jul 27, 2026 | $335,400 | 2,948 | 1,517 | 60 |
| ND-885986 | 87.9 | Jul 27, 2026 | $220,100 | 2,504 | 1,475 | 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.