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Comparable sales & offer analysis

Parcel ND-917492

Richland County, ND · 262 ac · Recreational · Paved · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$540,600
Adjusted value
$572,886
Value range
$452,026–$693,746
Comp $/acre
$2,189/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -5.6% versus the adjusted value.

Offer position

Max allowable offer
$327,363
Offer $/acre
$1,251/ac
Projected profit
$171,866
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-797728310.5Jul 27, 2026$519,2001,6721,76188
ND-266342113.8Jul 27, 2026$335,4002,9481,93779
ND-678528554.3Sep 2, 2024$1,204,4002,1732,94566
ND-88598687.9Jul 27, 2026$220,1002,5041,88465
ND-408654607.2Aug 21, 2024$1,146,5001,8882,62763
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.