Comparable sales & offer analysis
Parcel SD-408155
Edmunds County, SD · 405 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$406,400
Adjusted value
$658,408
Value range
$571,677–$745,139
Comp $/acre
$1,627/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -38.3% versus the adjusted value.
Offer position
Max allowable offer
$376,233
Offer $/acre
$930/ac
Projected profit
$197,522
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-528140 | 400.3 | Apr 17, 2025 | $733,500 | 1,832 | 1,659 | 82 |
| SD-417064 | 183.6 | Jun 26, 2026 | $255,400 | 1,391 | 1,312 | 80 |
| SD-957740 | 299.6 | Dec 15, 2024 | $359,900 | 1,202 | 1,751 | 75 |
| SD-569582 | 1137.7 | May 28, 2026 | $1,861,400 | 1,636 | 1,651 | 73 |
| SD-579854 | 1385.4 | Jul 27, 2026 | $1,324,400 | 956 | 1,202 | 72 |
| SD-699555 | 1115.6 | Jul 27, 2026 | $1,329,300 | 1,192 | 1,648 | 72 |
| SD-567765 | 305.0 | Aug 8, 2024 | $385,000 | 1,262 | 1,874 | 70 |
| SD-567646 | 279.9 | Jun 14, 2024 | $540,200 | 1,930 | 1,890 | 69 |
| SD-687513 | 254.1 | May 30, 2025 | $424,500 | 1,670 | 1,550 | 69 |
| SD-767081 | 185.8 | Oct 16, 2025 | $466,900 | 2,512 | 1,787 | 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.