Comparable sales & offer analysis
Parcel SD-492830
Lyman County, SD · 8.55 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$25,300
Adjusted value
$31,342
Value range
$24,909–$37,775
Comp $/acre
$3,666/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.3% versus the adjusted value.
Offer position
Max allowable offer
$17,910
Offer $/acre
$2,095/ac
Projected profit
$9,403
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-432193 | 5.4 | Jun 21, 2026 | $17,600 | 3,260 | 3,733 | 80 |
| SD-642055 | 4.9 | Jul 27, 2026 | $18,800 | 3,870 | 2,624 | 75 |
| SD-752910 | 9.1 | Nov 8, 2023 | $38,700 | 4,270 | 4,797 | 73 |
| SD-151893 | 4.3 | Feb 7, 2025 | $8,700 | 2,018 | 3,059 | 66 |
| SD-484353 | 25.8 | Jul 27, 2026 | $85,500 | 3,319 | 3,588 | 65 |
| SD-233624 | 15.2 | Apr 19, 2024 | $28,400 | 1,867 | 3,750 | 61 |
| SD-841962 | 4.6 | Jul 8, 2024 | $13,100 | 2,879 | 3,032 | 59 |
| SD-631586 | 3.5 | Jan 3, 2024 | $19,200 | 5,535 | 4,838 | 58 |
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.
