Comparable sales & offer analysis
Parcel SD-384001
Butte County, SD · 19.96 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,600
Adjusted value
$41,920
Value range
$32,329–$51,510
Comp $/acre
$2,100/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.9% versus the adjusted value.
Offer position
Max allowable offer
$23,954
Offer $/acre
$1,200/ac
Projected profit
$12,576
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-954100 | 21.4 | Mar 19, 2025 | $51,400 | 2,399 | 2,579 | 82 |
| SD-693914 | 18.7 | Jul 26, 2025 | $34,000 | 1,815 | 1,495 | 80 |
| SD-242650 | 7.5 | Jul 27, 2026 | $23,200 | 3,098 | 1,641 | 71 |
| SD-982633 | 7.4 | Jul 27, 2026 | $23,600 | 3,185 | 2,398 | 70 |
| SD-254232 | 23.6 | Feb 15, 2024 | $74,700 | 3,165 | 2,072 | 70 |
| SD-843202 | 11.2 | Dec 11, 2025 | $37,400 | 3,341 | 3,021 | 69 |
| SD-284609 | 31.0 | Sep 12, 2025 | $53,200 | 1,714 | 1,775 | 68 |
| SD-922602 | 7.2 | Feb 18, 2026 | $23,400 | 3,227 | 1,737 | 68 |
| SD-813581 | 14.7 | Oct 17, 2024 | $38,100 | 2,591 | 1,754 | 67 |
| SD-864682 | 32.7 | Nov 3, 2024 | $90,000 | 2,754 | 2,530 | 67 |
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.