Comparable sales & offer analysis
Parcel SD-148423
Gregory County, SD · 491 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$604,600
Adjusted value
$588,476
Value range
$496,227–$680,725
Comp $/acre
$1,198/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +2.7% versus the adjusted value.
Offer position
Max allowable offer
$336,272
Offer $/acre
$684/ac
Projected profit
$176,543
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-128354 | 467.4 | Jul 27, 2026 | $987,600 | 2,113 | 1,028 | 85 |
| SD-269013 | 753.4 | Jun 24, 2025 | $989,800 | 1,314 | 1,099 | 73 |
| SD-138274 | 441.1 | Sep 15, 2025 | $1,144,200 | 2,594 | 1,444 | 72 |
| SD-367144 | 194.5 | Feb 23, 2026 | $426,800 | 2,194 | 1,359 | 70 |
| SD-569893 | 1425.1 | Sep 7, 2024 | $2,177,500 | 1,528 | 1,333 | 61 |
| SD-819966 | 1502.5 | Dec 24, 2023 | $1,860,800 | 1,238 | 925 | 57 |
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.