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Comparable sales & offer analysis

Parcel ND-288914

Wells County, ND · 733 ac · Agricultural · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$1,108,800
Adjusted value
$933,711
Value range
$726,170–$1,141,252
Comp $/acre
$1,274/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.8% versus the adjusted value.

Offer position

Max allowable offer
$533,549
Offer $/acre
$728/ac
Projected profit
$280,113
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-318456526.1Jul 27, 2026$453,20086178583
ND-608162425.2Jul 27, 2026$650,1001,5291,30680
ND-397879346.4Jun 13, 2026$338,9009781,36774
ND-717271223.0Jul 19, 2026$348,1001,5611,62771
ND-347947363.9Jul 30, 2025$426,8001,1731,36367
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.