Comparable sales & offer analysis
Parcel ND-717271
Wells County, ND · 223 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$332,500
Adjusted value
$312,917
Value range
$233,760–$392,073
Comp $/acre
$1,403/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.3% versus the adjusted value.
Offer position
Max allowable offer
$178,809
Offer $/acre
$802/ac
Projected profit
$93,875
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-608162 | 425.2 | Jul 27, 2026 | $650,100 | 1,529 | 1,258 | 82 |
| ND-397879 | 346.4 | Jun 13, 2026 | $338,900 | 978 | 1,317 | 80 |
| ND-966312 | 111.3 | Jul 27, 2026 | $435,800 | 3,915 | 1,877 | 76 |
| ND-318456 | 526.1 | Jul 27, 2026 | $453,200 | 861 | 755 | 73 |
| ND-347947 | 363.9 | Jul 30, 2025 | $426,800 | 1,173 | 1,312 | 73 |
| ND-288914 | 733.1 | May 2, 2026 | $1,136,500 | 1,550 | 1,519 | 71 |
| ND-966264 | 107.5 | Apr 24, 2024 | $281,600 | 2,619 | 1,870 | 63 |
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.