Comparable sales & offer analysis
Parcel ND-397278
Ward County, ND · 224 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$259,400
Adjusted value
$225,612
Value range
$192,044–$259,180
Comp $/acre
$1,007/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.0% versus the adjusted value.
Offer position
Max allowable offer
$128,921
Offer $/acre
$575/ac
Projected profit
$67,683
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-257687 | 301.4 | Jul 27, 2026 | $415,400 | 1,378 | 1,102 | 86 |
| ND-757224 | 215.5 | Sep 18, 2025 | $201,600 | 935 | 977 | 78 |
| ND-236337 | 113.3 | Jul 27, 2026 | $219,100 | 1,934 | 1,182 | 72 |
| ND-265858 | 80.1 | Jul 27, 2026 | $88,500 | 1,105 | 852 | 71 |
| ND-388895 | 723.1 | Jul 27, 2026 | $488,300 | 675 | 964 | 69 |
| ND-618996 | 778.0 | Feb 2, 2025 | $455,900 | 586 | 744 | 60 |
| ND-718897 | 724.1 | Jun 21, 2025 | $389,800 | 538 | 1,196 | 59 |
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.