Comparable sales & offer analysis
Parcel ND-318456
Wells County, ND · 526 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$533,800
Adjusted value
$841,035
Value range
$766,320–$915,750
Comp $/acre
$1,599/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -36.5% versus the adjusted value.
Offer position
Max allowable offer
$480,592
Offer $/acre
$914/ac
Projected profit
$252,311
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-608162 | 425.2 | Jul 27, 2026 | $650,100 | 1,529 | 1,445 | 86 |
| ND-288914 | 733.1 | May 2, 2026 | $1,136,500 | 1,550 | 1,746 | 81 |
| ND-397879 | 346.4 | Jun 13, 2026 | $338,900 | 978 | 1,513 | 81 |
| ND-717271 | 223.0 | Jul 19, 2026 | $348,100 | 1,561 | 1,800 | 72 |
| ND-347947 | 363.9 | Jul 30, 2025 | $426,800 | 1,173 | 1,508 | 70 |
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.