Comparable sales & offer analysis
Parcel SD-287291
Lyman County, SD · 216 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$344,000
Adjusted value
$461,160
Value range
$344,119–$578,201
Comp $/acre
$2,131/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.4% versus the adjusted value.
Offer position
Max allowable offer
$263,520
Offer $/acre
$1,218/ac
Projected profit
$138,348
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 | 2,327 | 87 |
| SD-347152 | 195.7 | Jul 21, 2026 | $380,100 | 1,943 | 2,606 | 82 |
| SD-896610 | 132.1 | Jul 5, 2026 | $183,000 | 1,385 | 1,475 | 76 |
| SD-997788 | 310.2 | Nov 30, 2025 | $468,900 | 1,512 | 1,471 | 76 |
| SD-817168 | 197.9 | Jan 21, 2025 | $470,300 | 2,376 | 2,367 | 75 |
| SD-667011 | 176.7 | Dec 6, 2024 | $252,700 | 1,431 | 1,456 | 74 |
| SD-827727 | 296.8 | Aug 17, 2024 | $658,300 | 2,218 | 3,076 | 73 |
| SD-317671 | 285.0 | Oct 25, 2024 | $764,100 | 2,681 | 2,658 | 69 |
| SD-715805 | 73.7 | Jul 27, 2026 | $213,200 | 2,891 | 1,811 | 69 |
| SD-168559 | 542.2 | May 30, 2024 | $648,600 | 1,196 | 2,025 | 63 |
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.