Comparable sales & offer analysis
Parcel ND-983838
Richland County, ND · 18.54 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$35,200
Adjusted value
$48,052
Value range
$39,126–$56,978
Comp $/acre
$2,592/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.7% versus the adjusted value.
Offer position
Max allowable offer
$27,458
Offer $/acre
$1,481/ac
Projected profit
$14,416
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-253744 | 17.3 | Jul 4, 2026 | $44,500 | 2,569 | 2,049 | 87 |
| ND-593952 | 20.1 | Jul 27, 2026 | $102,800 | 5,104 | 2,881 | 84 |
| ND-614402 | 27.9 | Jul 27, 2026 | $105,200 | 3,770 | 2,711 | 80 |
| ND-194028 | 21.3 | Oct 14, 2024 | $111,700 | 5,249 | 3,729 | 75 |
| ND-613615 | 15.8 | Jun 15, 2025 | $58,100 | 3,681 | 2,184 | 75 |
| ND-953754 | 17.4 | Sep 17, 2025 | $54,800 | 3,139 | 2,194 | 74 |
| ND-755092 | 46.0 | Apr 15, 2026 | $113,200 | 2,461 | 2,880 | 73 |
| ND-984201 | 24.1 | Apr 27, 2025 | $73,600 | 3,052 | 2,636 | 71 |
| ND-814534 | 30.7 | Aug 27, 2024 | $112,800 | 3,674 | 2,381 | 64 |
| ND-142638 | 7.8 | Jan 4, 2024 | $20,600 | 2,649 | 2,224 | 62 |
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.