Comparable sales & offer analysis
Parcel SD-568638
Custer County, SD · 574 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$632,800
Adjusted value
$492,503
Value range
$417,654–$567,353
Comp $/acre
$858/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.5% versus the adjusted value.
Offer position
Max allowable offer
$281,430
Offer $/acre
$490/ac
Projected profit
$147,751
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-508440 | 497.4 | Jul 12, 2026 | $985,800 | 1,982 | 938 | 82 |
| SD-148762 | 628.1 | Sep 14, 2025 | $846,300 | 1,347 | 708 | 77 |
| SD-658508 | 522.5 | Mar 23, 2025 | $929,000 | 1,778 | 1,063 | 74 |
| SD-309886 | 1417.9 | May 6, 2025 | $787,600 | 555 | 778 | 70 |
| SD-107071 | 184.5 | Apr 1, 2026 | $314,000 | 1,702 | 687 | 69 |
| SD-486981 | 172.9 | Jul 27, 2026 | $320,900 | 1,857 | 887 | 64 |
| SD-209967 | 1503.6 | Aug 16, 2024 | $1,685,600 | 1,121 | 951 | 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.