Comparable sales & offer analysis
Parcel SD-199060
McPherson County, SD · 779 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,807,900
Adjusted value
$1,156,987
Value range
$1,010,650–$1,303,324
Comp $/acre
$1,484/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +56.3% versus the adjusted value.
Offer position
Max allowable offer
$661,135
Offer $/acre
$848/ac
Projected profit
$347,096
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-399251 | 895.1 | Jul 27, 2026 | $843,700 | 943 | 1,450 | 87 |
| SD-278188 | 414.4 | Jun 20, 2026 | $896,900 | 2,164 | 1,798 | 80 |
| SD-978318 | 455.4 | Jun 13, 2026 | $637,600 | 1,400 | 1,638 | 79 |
| SD-718956 | 722.9 | Sep 16, 2025 | $1,124,200 | 1,555 | 1,337 | 78 |
| SD-698924 | 706.3 | Mar 16, 2026 | $932,900 | 1,321 | 1,243 | 77 |
| SD-769897 | 1429.3 | Jun 9, 2025 | $1,326,600 | 928 | 1,418 | 62 |
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.