Comparable sales & offer analysis
Parcel SD-547366
Meade County, SD · 228 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$162,000
Adjusted value
$205,551
Value range
$150,270–$260,832
Comp $/acre
$900/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.2% versus the adjusted value.
Offer position
Max allowable offer
$117,458
Offer $/acre
$514/ac
Projected profit
$61,665
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-898081 | 383.5 | Jul 27, 2026 | $387,100 | 1,009 | 1,005 | 78 |
| SD-636543 | 125.9 | Jul 27, 2026 | $90,700 | 721 | 718 | 77 |
| SD-986173 | 96.3 | Jul 27, 2026 | $68,200 | 708 | 568 | 76 |
| SD-397986 | 358.0 | Jul 27, 2026 | $188,100 | 525 | 701 | 75 |
| SD-777220 | 205.5 | May 4, 2025 | $245,200 | 1,193 | 1,427 | 74 |
| SD-698650 | 579.1 | Jul 27, 2026 | $429,000 | 741 | 982 | 73 |
| SD-467790 | 310.6 | Jun 3, 2025 | $352,700 | 1,135 | 912 | 71 |
| SD-258168 | 408.5 | Oct 30, 2025 | $352,400 | 863 | 900 | 69 |
| SD-798075 | 381.9 | Mar 26, 2025 | $211,200 | 553 | 675 | 62 |
| SD-286371 | 111.1 | Jul 12, 2025 | $115,500 | 1,040 | 1,126 | 61 |
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.
