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Comparable sales & offer analysis

Parcel ND-142638

Richland County, ND · 7.77 ac · Recreational · Landlocked · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$23,000
Adjusted value
$25,351
Value range
$19,196–$31,506
Comp $/acre
$3,263/ac

Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.3% versus the adjusted value.

Offer position

Max allowable offer
$14,486
Offer $/acre
$1,864/ac
Projected profit
$7,605
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-98383818.5Jul 27, 2026$29,6001,5972,12774
ND-5624236.7May 15, 2025$31,1004,6833,33873
ND-59395220.1Jul 27, 2026$102,8005,1043,83072
ND-25374417.3Jul 4, 2026$44,5002,5692,72467
ND-95375417.4Sep 17, 2025$54,8003,1392,91666
ND-61361515.8Jun 15, 2025$58,1003,6812,90265
ND-19402821.3Oct 14, 2024$111,7005,2494,95663
ND-98420124.1Apr 27, 2025$73,6003,0523,50359
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.