Comparable sales & offer analysis
Parcel SD-148131
Butte County, SD · 398 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$677,800
Adjusted value
$622,521
Value range
$535,268–$709,775
Comp $/acre
$1,565/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.9% versus the adjusted value.
Offer position
Max allowable offer
$355,726
Offer $/acre
$895/ac
Projected profit
$186,756
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 |
|---|---|---|---|---|---|---|
| SD-657930 | 343.8 | Jul 27, 2026 | $674,800 | 1,963 | 1,806 | 81 |
| SD-267130 | 192.6 | Jul 27, 2026 | $330,400 | 1,716 | 1,651 | 75 |
| SD-878070 | 380.5 | Aug 5, 2024 | $423,600 | 1,113 | 1,394 | 74 |
| SD-289617 | 1166.9 | Jul 27, 2026 | $1,810,700 | 1,552 | 1,842 | 73 |
| SD-638395 | 481.5 | Oct 20, 2024 | $769,000 | 1,597 | 1,551 | 70 |
| SD-869272 | 908.8 | Dec 21, 2025 | $875,300 | 963 | 1,505 | 70 |
| SD-819661 | 1204.7 | Jul 27, 2026 | $1,035,900 | 860 | 1,160 | 69 |
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.