Comparable sales & offer analysis
Parcel ND-885986
Richland County, ND · 87.90 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$267,800
Adjusted value
$251,373
Value range
$231,263–$271,483
Comp $/acre
$2,860/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.5% versus the adjusted value.
Offer position
Max allowable offer
$143,642
Offer $/acre
$1,634/ac
Projected profit
$75,412
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-266342 | 113.8 | Jul 27, 2026 | $335,400 | 2,948 | 2,581 | 79 |
| ND-755092 | 46.0 | Apr 15, 2026 | $113,200 | 2,461 | 3,189 | 74 |
| ND-305578 | 65.4 | Jun 20, 2025 | $162,400 | 2,484 | 2,830 | 71 |
| ND-614402 | 27.9 | Jul 27, 2026 | $105,200 | 3,770 | 3,001 | 65 |
| ND-917492 | 261.7 | Jun 24, 2026 | $569,300 | 2,175 | 2,916 | 64 |
| ND-814534 | 30.7 | Aug 27, 2024 | $112,800 | 3,674 | 2,636 | 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.