Comparable sales & offer analysis
Parcel SD-399251
McPherson County, SD · 895 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$901,400
Adjusted value
$973,389
Value range
$723,393–$1,223,386
Comp $/acre
$1,087/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.4% versus the adjusted value.
Offer position
Max allowable offer
$556,223
Offer $/acre
$621/ac
Projected profit
$292,017
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-698924 | 706.3 | Mar 16, 2026 | $932,900 | 1,321 | 814 | 76 |
| SD-199060 | 779.4 | Sep 15, 2024 | $1,802,500 | 2,313 | 1,636 | 75 |
| SD-278188 | 414.4 | Jun 20, 2026 | $896,900 | 2,164 | 1,178 | 73 |
| SD-718956 | 722.9 | Sep 16, 2025 | $1,124,200 | 1,555 | 876 | 72 |
| SD-978318 | 455.4 | Jun 13, 2026 | $637,600 | 1,400 | 1,073 | 71 |
| SD-769897 | 1429.3 | Jun 9, 2025 | $1,326,600 | 928 | 929 | 68 |
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.