Comparable sales & offer analysis
Parcel SD-619355
Lyman County, SD · 965 ac · Unzoned · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$981,100
Adjusted value
$1,198,772
Value range
$946,727–$1,450,817
Comp $/acre
$1,242/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.2% versus the adjusted value.
Offer position
Max allowable offer
$685,012
Offer $/acre
$710/ac
Projected profit
$359,632
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-829912 | 1444.9 | Jun 13, 2026 | $2,327,300 | 1,611 | 1,258 | 76 |
| SD-859314 | 936.9 | Jul 7, 2024 | $1,803,500 | 1,925 | 1,467 | 74 |
| SD-168559 | 542.2 | May 30, 2024 | $648,600 | 1,196 | 1,074 | 64 |
| SD-799833 | 1364.5 | Mar 11, 2025 | $1,489,500 | 1,092 | 1,072 | 64 |
| SD-997788 | 310.2 | Nov 30, 2025 | $468,900 | 1,512 | 780 | 61 |
| SD-827727 | 296.8 | Aug 17, 2024 | $658,300 | 2,218 | 1,632 | 58 |
| SD-317671 | 285.0 | Oct 25, 2024 | $764,100 | 2,681 | 1,411 | 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.