Comparable sales & offer analysis
Parcel SD-508440
Custer County, SD · 497 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$950,600
Adjusted value
$948,625
Value range
$768,318–$1,128,932
Comp $/acre
$1,907/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.2% versus the adjusted value.
Offer position
Max allowable offer
$542,071
Offer $/acre
$1,090/ac
Projected profit
$284,587
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-148762 | 628.1 | Sep 14, 2025 | $846,300 | 1,347 | 1,510 | 76 |
| SD-658508 | 522.5 | Mar 23, 2025 | $929,000 | 1,778 | 2,266 | 75 |
| SD-568638 | 574.1 | Nov 24, 2024 | $616,300 | 1,074 | 2,468 | 73 |
| SD-486981 | 172.9 | Jul 27, 2026 | $320,900 | 1,857 | 1,891 | 66 |
| SD-107071 | 184.5 | Apr 1, 2026 | $314,000 | 1,702 | 1,466 | 64 |
| SD-309886 | 1417.9 | May 6, 2025 | $787,600 | 555 | 1,659 | 59 |
| SD-209967 | 1503.6 | Aug 16, 2024 | $1,685,600 | 1,121 | 2,028 | 54 |
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.