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Comparable sales & offer analysis

Parcel ND-900698

Wells County, ND · 1.91 ac · Mixed Use · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$6,400
Adjusted value
$8,682
Value range
$7,987–$9,376
Comp $/acre
$4,545/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.3% versus the adjusted value.

Offer position

Max allowable offer
$4,961
Offer $/acre
$2,597/ac
Projected profit
$2,604
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
ND-9510172.4Jul 27, 2026$14,1005,8814,88280
ND-7304121.6Jul 5, 2026$5,0003,2253,91378
ND-5817394.0Jul 27, 2026$19,4004,7904,69873
ND-3223546.3Apr 22, 2026$29,3004,6364,69367
ND-9223506.3Sep 17, 2025$22,5003,5684,56661
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.