Development Land Farmland in North Dakota

Development Land farmland in North Dakota for a 640 - 1,000 Acres parcel costs approximately $12,000 per acre, with a total investment of $9,840,000. The estimated annual ROI is 8.8% with cash rent of $480 per acre.

North Dakota has 26,100 farms with an average size of 1,498 acres. Farmland prices average $2,800 per acre statewide, with 6.5% year-over-year appreciation. Cash receipts total $10.2B annually.

The estimated annual ROI is 8.8% for a 640 - 1,000 Acres parcel, generating $861,000 in annual income ($1,050 per acre). The 5-year appreciation estimate is 4441.0%.