Comparable sales & offer analysis
Parcel SD-347152
Lyman County, SD · 196 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$392,300
Adjusted value
$295,507
Value range
$214,043–$376,971
Comp $/acre
$1,510/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.8% versus the adjusted value.
Offer position
Max allowable offer
$168,861
Offer $/acre
$863/ac
Projected profit
$88,652
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-377066 | 183.8 | Jul 27, 2026 | $382,000 | 2,078 | 1,740 | 88 |
| SD-287291 | 216.4 | Feb 25, 2026 | $295,500 | 1,366 | 1,047 | 80 |
| SD-896610 | 132.1 | Jul 5, 2026 | $183,000 | 1,385 | 1,103 | 80 |
| SD-817168 | 197.9 | Jan 21, 2025 | $470,300 | 2,376 | 1,770 | 78 |
| SD-667011 | 176.7 | Dec 6, 2024 | $252,700 | 1,431 | 1,089 | 76 |
| SD-997788 | 310.2 | Nov 30, 2025 | $468,900 | 1,512 | 1,100 | 74 |
| SD-506479 | 120.2 | Mar 24, 2025 | $312,000 | 2,596 | 1,758 | 69 |
| SD-317671 | 285.0 | Oct 25, 2024 | $764,100 | 2,681 | 1,988 | 68 |
| SD-715805 | 73.7 | Jul 27, 2026 | $213,200 | 2,891 | 1,354 | 68 |
| SD-827727 | 296.8 | Aug 17, 2024 | $658,300 | 2,218 | 2,301 | 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.