Comparable sales & offer analysis
Parcel ND-608162
Wells County, ND · 425 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$738,800
Adjusted value
$665,696
Value range
$512,364–$819,029
Comp $/acre
$1,566/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.0% versus the adjusted value.
Offer position
Max allowable offer
$380,398
Offer $/acre
$895/ac
Projected profit
$199,709
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-318456 | 526.1 | Jul 27, 2026 | $453,200 | 861 | 921 | 87 |
| ND-717271 | 223.0 | Jul 19, 2026 | $348,100 | 1,561 | 1,909 | 82 |
| ND-397879 | 346.4 | Jun 13, 2026 | $338,900 | 978 | 1,604 | 81 |
| ND-288914 | 733.1 | May 2, 2026 | $1,136,500 | 1,550 | 1,851 | 79 |
| ND-347947 | 363.9 | Jul 30, 2025 | $426,800 | 1,173 | 1,599 | 76 |
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.