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Comparable sales & offer analysis

Parcel ND-678528

Richland County, ND · 554 ac · Recreational · Gravel · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$1,133,000
Adjusted value
$922,040
Value range
$796,470–$1,047,610
Comp $/acre
$1,664/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.9% versus the adjusted value.

Offer position

Max allowable offer
$526,880
Offer $/acre
$951/ac
Projected profit
$276,612
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-917492261.7Jun 24, 2026$569,3002,1751,74777
ND-797728310.5Jul 27, 2026$519,2001,6721,40676
ND-266342113.8Jul 27, 2026$335,4002,9481,54673
ND-408654607.2Aug 21, 2024$1,146,5001,8882,09771
ND-88598687.9Jul 27, 2026$220,1002,5041,50468
ND-30557865.4Jun 20, 2025$162,4002,4841,69558
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.