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Comparable sales & offer analysis

Parcel ND-743821

Wells County, ND · 18.32 ac · Recreational · Paved · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$78,700
Adjusted value
$69,827
Value range
$52,701–$86,952
Comp $/acre
$3,811/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.

Offer position

Max allowable offer
$39,901
Offer $/acre
$2,178/ac
Projected profit
$20,948
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-81441228.1Dec 28, 2024$53,4001,8992,55374
ND-37371216.9Sep 14, 2024$50,9003,0043,24273
ND-12467634.0Jan 30, 2026$77,3002,2734,43871
ND-9625017.0Dec 10, 2025$41,2005,8584,57569
ND-4229529.8Apr 13, 2025$25,5002,6153,04368
ND-9223506.3Sep 17, 2025$22,5003,5684,01168
ND-3223546.3Apr 22, 2026$29,3004,6364,12266
ND-43449029.7Jun 19, 2024$62,5002,1022,87664
ND-5026317.7Mar 18, 2025$44,9005,8025,72661
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.