Comparable sales & offer analysis
Parcel SD-896610
Lyman County, SD · 132 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$186,900
Adjusted value
$259,531
Value range
$201,634–$317,427
Comp $/acre
$1,964/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.0% versus the adjusted value.
Offer position
Max allowable offer
$148,303
Offer $/acre
$1,122/ac
Projected profit
$77,859
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-347152 | 195.7 | Jul 21, 2026 | $380,100 | 1,943 | 2,472 | 79 |
| SD-377066 | 183.8 | Jul 27, 2026 | $382,000 | 2,078 | 2,207 | 77 |
| SD-817168 | 197.9 | Jan 21, 2025 | $470,300 | 2,376 | 2,245 | 74 |
| SD-287291 | 216.4 | Feb 25, 2026 | $295,500 | 1,366 | 1,328 | 73 |
| SD-715805 | 73.7 | Jul 27, 2026 | $213,200 | 2,891 | 1,717 | 72 |
| SD-506479 | 120.2 | Mar 24, 2025 | $312,000 | 2,596 | 2,230 | 71 |
| SD-667011 | 176.7 | Dec 6, 2024 | $252,700 | 1,431 | 1,381 | 70 |
| SD-997788 | 310.2 | Nov 30, 2025 | $468,900 | 1,512 | 1,395 | 67 |
| SD-435990 | 84.3 | Dec 16, 2023 | $148,500 | 1,761 | 2,147 | 66 |
| SD-317671 | 285.0 | Oct 25, 2024 | $764,100 | 2,681 | 2,521 | 60 |
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.