Comparable sales & offer analysis
Parcel SD-209967
Custer County, SD · 1,504 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,590,200
Adjusted value
$1,775,050
Value range
$1,456,766–$2,093,333
Comp $/acre
$1,181/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -10.4% versus the adjusted value.
Offer position
Max allowable offer
$1,014,314
Offer $/acre
$675/ac
Projected profit
$532,515
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-309886 | 1417.9 | May 6, 2025 | $787,600 | 555 | 999 | 74 |
| SD-508440 | 497.4 | Jul 12, 2026 | $985,800 | 1,982 | 1,205 | 65 |
| SD-658508 | 522.5 | Mar 23, 2025 | $929,000 | 1,778 | 1,365 | 61 |
| SD-148762 | 628.1 | Sep 14, 2025 | $846,300 | 1,347 | 910 | 61 |
| SD-568638 | 574.1 | Nov 24, 2024 | $616,300 | 1,074 | 1,486 | 55 |
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.