Comparable sales & offer analysis
Parcel ND-922350
Wells County, ND · 6.31 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,500
Adjusted value
$23,353
Value range
$18,543–$28,162
Comp $/acre
$3,701/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.6% versus the adjusted value.
Offer position
Max allowable offer
$13,344
Offer $/acre
$2,115/ac
Projected profit
$7,006
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 | 4,225 | 85 |
| ND-322354 | 6.3 | Apr 22, 2026 | $29,300 | 4,636 | 3,807 | 82 |
| ND-581739 | 4.0 | Jul 27, 2026 | $19,400 | 4,790 | 3,810 | 78 |
| ND-502631 | 7.7 | Mar 18, 2025 | $44,900 | 5,802 | 5,289 | 74 |
| ND-951017 | 2.4 | Jul 27, 2026 | $14,100 | 5,881 | 3,960 | 73 |
| ND-422952 | 9.8 | Apr 13, 2025 | $25,500 | 2,615 | 2,811 | 72 |
| ND-900698 | 1.9 | Jul 27, 2026 | $6,200 | 3,247 | 2,654 | 69 |
| ND-743821 | 18.3 | Sep 6, 2025 | $64,800 | 3,540 | 3,417 | 68 |
| ND-373712 | 16.9 | Sep 14, 2024 | $50,900 | 3,004 | 2,995 | 59 |
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.