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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

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-917492261.7Jun 24, 2026$569,3002,1751,75776
ND-797728310.5Jul 27, 2026$519,2001,6721,41475
ND-266342113.8Jul 27, 2026$335,4002,9481,55571
ND-408654607.2Aug 21, 2024$1,146,5001,8882,10870
ND-88598687.9Jul 27, 2026$220,1002,5041,51266
ND-30557865.4Jun 20, 2025$162,4002,4841,70457
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.