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Comparable sales & offer analysis

Parcel ND-288914

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

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$1,108,800
Adjusted value
$928,654
Value range
$722,168–$1,135,141
Comp $/acre
$1,267/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.4% versus the adjusted value.

Offer position

Max allowable offer
$530,660
Offer $/acre
$724/ac
Projected profit
$278,596
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$453,20086178085
ND-608162425.2Jul 27, 2026$650,1001,5291,29981
ND-397879346.4Jun 13, 2026$338,9009781,36075
ND-717271223.0Jul 19, 2026$348,1001,5611,61873
ND-347947363.9Jul 30, 2025$426,8001,1731,35568
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.