Comparable sales & offer analysis
Parcel ND-373712
Wells County, ND · 16.93 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$59,000
Adjusted value
$66,392
Value range
$50,465–$82,318
Comp $/acre
$3,922/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$37,938
Offer $/acre
$2,241/ac
Projected profit
$19,917
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-743821 | 18.3 | Sep 6, 2025 | $64,800 | 3,540 | 3,723 | 78 |
| ND-814412 | 28.1 | Dec 28, 2024 | $53,400 | 1,899 | 2,570 | 72 |
| ND-502631 | 7.7 | Mar 18, 2025 | $44,900 | 5,802 | 5,762 | 69 |
| ND-124676 | 34.0 | Jan 30, 2026 | $77,300 | 2,273 | 4,466 | 68 |
| ND-962501 | 7.0 | Dec 10, 2025 | $41,200 | 5,858 | 4,604 | 65 |
| ND-422952 | 9.8 | Apr 13, 2025 | $25,500 | 2,615 | 3,063 | 65 |
| ND-322354 | 6.3 | Apr 22, 2026 | $29,300 | 4,636 | 4,148 | 63 |
| ND-922350 | 6.3 | Sep 17, 2025 | $22,500 | 3,568 | 4,036 | 63 |
| ND-434490 | 29.7 | Jun 19, 2024 | $62,500 | 2,102 | 2,894 | 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.