Comparable sales & offer analysis
Parcel ND-966312
Wells County, ND · 111 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$418,200
Adjusted value
$367,577
Value range
$315,168–$419,987
Comp $/acre
$3,302/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.8% versus the adjusted value.
Offer position
Max allowable offer
$210,044
Offer $/acre
$1,887/ac
Projected profit
$110,273
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-966264 | 107.5 | Apr 24, 2024 | $281,600 | 2,619 | 3,909 | 76 |
| ND-717271 | 223.0 | Jul 19, 2026 | $348,100 | 1,561 | 3,275 | 75 |
| ND-124676 | 34.0 | Jan 30, 2026 | $77,300 | 2,273 | 3,683 | 71 |
| ND-397879 | 346.4 | Jun 13, 2026 | $338,900 | 978 | 2,753 | 69 |
| ND-347947 | 363.9 | Jul 30, 2025 | $426,800 | 1,173 | 2,744 | 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.