Comparable sales & offer analysis
Parcel ND-814412
Wells County, ND · 28.10 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$62,200
Adjusted value
$78,705
Value range
$65,757–$91,652
Comp $/acre
$2,801/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.0% versus the adjusted value.
Offer position
Max allowable offer
$44,974
Offer $/acre
$1,600/ac
Projected profit
$23,611
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-124676 | 34.0 | Jan 30, 2026 | $77,300 | 2,273 | 3,545 | 82 |
| ND-743821 | 18.3 | Sep 6, 2025 | $64,800 | 3,540 | 2,956 | 77 |
| ND-434490 | 29.7 | Jun 19, 2024 | $62,500 | 2,102 | 2,298 | 71 |
| ND-373712 | 16.9 | Sep 14, 2024 | $50,900 | 3,004 | 2,590 | 71 |
| ND-422952 | 9.8 | Apr 13, 2025 | $25,500 | 2,615 | 2,431 | 60 |
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.