Comparable sales & offer analysis
Parcel SD-278188
McPherson County, SD · 414 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$835,100
Adjusted value
$803,421
Value range
$594,247–$1,012,595
Comp $/acre
$1,939/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.9% versus the adjusted value.
Offer position
Max allowable offer
$459,098
Offer $/acre
$1,108/ac
Projected profit
$241,026
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-978318 | 455.4 | Jun 13, 2026 | $637,600 | 1,400 | 1,985 | 85 |
| SD-399251 | 895.1 | Jul 27, 2026 | $843,700 | 943 | 1,757 | 75 |
| SD-698924 | 706.3 | Mar 16, 2026 | $932,900 | 1,321 | 1,506 | 74 |
| SD-199060 | 779.4 | Sep 15, 2024 | $1,802,500 | 2,313 | 3,027 | 70 |
| SD-718956 | 722.9 | Sep 16, 2025 | $1,124,200 | 1,555 | 1,620 | 69 |
| SD-769897 | 1429.3 | Jun 9, 2025 | $1,326,600 | 928 | 1,718 | 55 |
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.