Comparable sales & offer analysis
Parcel SD-698650
Meade County, SD · 579 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$399,800
Adjusted value
$400,883
Value range
$291,816–$509,950
Comp $/acre
$692/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.3% versus the adjusted value.
Offer position
Max allowable offer
$229,076
Offer $/acre
$396/ac
Projected profit
$120,265
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 | 760 | 78 |
| SD-397986 | 358.0 | Jul 27, 2026 | $188,100 | 525 | 530 | 78 |
| SD-258168 | 408.5 | Oct 30, 2025 | $352,400 | 863 | 680 | 71 |
| SD-738680 | 591.9 | Mar 24, 2025 | $542,700 | 917 | 792 | 70 |
| SD-269094 | 798.9 | Oct 25, 2025 | $761,300 | 953 | 921 | 70 |
| SD-809509 | 1079.1 | Nov 1, 2025 | $473,900 | 439 | 467 | 68 |
| SD-798075 | 381.9 | Mar 26, 2025 | $211,200 | 553 | 511 | 66 |
| SD-777220 | 205.5 | May 4, 2025 | $245,200 | 1,193 | 1,079 | 65 |
| SD-547366 | 228.5 | Apr 20, 2025 | $140,900 | 617 | 495 | 65 |
| SD-467790 | 310.6 | Jun 3, 2025 | $352,700 | 1,135 | 690 | 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.