Comparable sales & offer analysis
Parcel ND-678528
Richland County, ND · 554 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,133,000
Adjusted value
$927,588
Value range
$801,193–$1,053,983
Comp $/acre
$1,674/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.1% versus the adjusted value.
Offer position
Max allowable offer
$530,050
Offer $/acre
$956/ac
Projected profit
$278,276
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-917492 | 261.7 | Jun 24, 2026 | $569,300 | 2,175 | 1,757 | 76 |
| ND-797728 | 310.5 | Jul 27, 2026 | $519,200 | 1,672 | 1,414 | 75 |
| ND-266342 | 113.8 | Jul 27, 2026 | $335,400 | 2,948 | 1,555 | 71 |
| ND-408654 | 607.2 | Aug 21, 2024 | $1,146,500 | 1,888 | 2,108 | 70 |
| ND-885986 | 87.9 | Jul 27, 2026 | $220,100 | 2,504 | 1,512 | 66 |
| ND-305578 | 65.4 | Jun 20, 2025 | $162,400 | 2,484 | 1,704 | 57 |
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.
