Comparable sales & offer analysis
Parcel SD-309886
Custer County, SD · 1,418 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$772,900
Adjusted value
$1,029,179
Value range
$870,462–$1,187,895
Comp $/acre
$726/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.9% versus the adjusted value.
Offer position
Max allowable offer
$588,102
Offer $/acre
$415/ac
Projected profit
$308,754
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-209967 | 1503.6 | Aug 16, 2024 | $1,685,600 | 1,121 | 715 | 72 |
| SD-568638 | 574.1 | Nov 24, 2024 | $616,300 | 1,074 | 870 | 69 |
| SD-508440 | 497.4 | Jul 12, 2026 | $985,800 | 1,982 | 705 | 68 |
| SD-148762 | 628.1 | Sep 14, 2025 | $846,300 | 1,347 | 533 | 64 |
| SD-658508 | 522.5 | Mar 23, 2025 | $929,000 | 1,778 | 799 | 62 |
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.