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Comparable sales & offer analysis

Parcel ND-885986

Richland County, ND · 87.90 ac · Residential · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$267,800
Adjusted value
$252,711
Value range
$232,494–$272,928
Comp $/acre
$2,875/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.0% versus the adjusted value.

Offer position

Max allowable offer
$144,406
Offer $/acre
$1,643/ac
Projected profit
$75,813
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-266342113.8Jul 27, 2026$335,4002,9482,59578
ND-75509246.0Apr 15, 2026$113,2002,4613,20672
ND-30557865.4Jun 20, 2025$162,4002,4842,84570
ND-61440227.9Jul 27, 2026$105,2003,7703,01763
ND-917492261.7Jun 24, 2026$569,3002,1752,93263
ND-81453430.7Aug 27, 2024$112,8003,6742,65056
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.