Comparable sales & offer analysis
Parcel ND-502631
Wells County, ND · 7.73 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,800
Adjusted value
$32,594
Value range
$28,453–$36,736
Comp $/acre
$4,217/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.2% versus the adjusted value.
Offer position
Max allowable offer
$18,625
Offer $/acre
$2,409/ac
Projected profit
$9,778
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-962501 | 7.0 | Dec 10, 2025 | $41,200 | 5,858 | 4,937 | 83 |
| ND-422952 | 9.8 | Apr 13, 2025 | $25,500 | 2,615 | 3,284 | 76 |
| ND-922350 | 6.3 | Sep 17, 2025 | $22,500 | 3,568 | 4,328 | 75 |
| ND-322354 | 6.3 | Apr 22, 2026 | $29,300 | 4,636 | 4,448 | 75 |
| ND-581739 | 4.0 | Jul 27, 2026 | $19,400 | 4,790 | 4,453 | 75 |
| ND-951017 | 2.4 | Jul 27, 2026 | $14,100 | 5,881 | 4,627 | 73 |
| ND-373712 | 16.9 | Sep 14, 2024 | $50,900 | 3,004 | 3,499 | 67 |
| ND-743821 | 18.3 | Sep 6, 2025 | $64,800 | 3,540 | 3,992 | 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.