Comparable sales & offer analysis
Parcel ND-962501
Wells County, ND · 7.04 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,400
Adjusted value
$37,919
Value range
$30,738–$45,100
Comp $/acre
$5,386/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.3% versus the adjusted value.
Offer position
Max allowable offer
$21,668
Offer $/acre
$3,078/ac
Projected profit
$11,376
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-922350 | 6.3 | Sep 17, 2025 | $22,500 | 3,568 | 5,312 | 82 |
| ND-322354 | 6.3 | Apr 22, 2026 | $29,300 | 4,636 | 5,459 | 81 |
| ND-502631 | 7.7 | Mar 18, 2025 | $44,900 | 5,802 | 7,583 | 80 |
| ND-422952 | 9.8 | Apr 13, 2025 | $25,500 | 2,615 | 4,030 | 77 |
| ND-581739 | 4.0 | Jul 27, 2026 | $19,400 | 4,790 | 5,464 | 77 |
| ND-951017 | 2.4 | Jul 27, 2026 | $14,100 | 5,881 | 5,679 | 73 |
| ND-743821 | 18.3 | Sep 6, 2025 | $64,800 | 3,540 | 4,899 | 67 |
| ND-373712 | 16.9 | Sep 14, 2024 | $50,900 | 3,004 | 4,294 | 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.