Comparable sales & offer analysis
Parcel SD-506479
Lyman County, SD · 120 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$291,000
Adjusted value
$260,494
Value range
$193,355–$327,633
Comp $/acre
$2,168/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.7% versus the adjusted value.
Offer position
Max allowable offer
$148,854
Offer $/acre
$1,239/ac
Projected profit
$78,148
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-715805 | 73.7 | Jul 27, 2026 | $213,200 | 2,891 | 2,128 | 79 |
| SD-896610 | 132.1 | Jul 5, 2026 | $183,000 | 1,385 | 1,734 | 79 |
| SD-377066 | 183.8 | Jul 27, 2026 | $382,000 | 2,078 | 2,735 | 78 |
| SD-347152 | 195.7 | Jul 21, 2026 | $380,100 | 1,943 | 3,063 | 77 |
| SD-667011 | 176.7 | Dec 6, 2024 | $252,700 | 1,431 | 1,711 | 71 |
| SD-287291 | 216.4 | Feb 25, 2026 | $295,500 | 1,366 | 1,645 | 68 |
| SD-545000 | 41.2 | Jan 30, 2025 | $105,000 | 2,551 | 2,055 | 67 |
| SD-525095 | 44.1 | Apr 15, 2024 | $84,000 | 1,904 | 1,677 | 67 |
| SD-997788 | 310.2 | Nov 30, 2025 | $468,900 | 1,512 | 1,728 | 66 |
| SD-317671 | 285.0 | Oct 25, 2024 | $764,100 | 2,681 | 3,124 | 64 |
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.
