Comparable sales & offer analysis
Parcel ND-951017
Wells County, ND · 2.40 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,200
Adjusted value
$13,486
Value range
$10,764–$16,208
Comp $/acre
$5,619/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.3% versus the adjusted value.
Offer position
Max allowable offer
$7,706
Offer $/acre
$3,211/ac
Projected profit
$4,046
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-900698 | 1.9 | Jul 27, 2026 | $6,200 | 3,247 | 3,973 | 80 |
| ND-581739 | 4.0 | Jul 27, 2026 | $19,400 | 4,790 | 5,703 | 80 |
| ND-730412 | 1.6 | Jul 5, 2026 | $5,000 | 3,225 | 4,750 | 79 |
| ND-962501 | 7.0 | Dec 10, 2025 | $41,200 | 5,858 | 6,324 | 68 |
| ND-322354 | 6.3 | Apr 22, 2026 | $29,300 | 4,636 | 5,698 | 67 |
| ND-922350 | 6.3 | Sep 17, 2025 | $22,500 | 3,568 | 5,544 | 66 |
| ND-502631 | 7.7 | Mar 18, 2025 | $44,900 | 5,802 | 7,915 | 64 |
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.