Comparable sales & offer analysis
Parcel SD-103956
Mellette County, SD · 19.32 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$37,500
Adjusted value
$61,295
Value range
$46,419–$76,171
Comp $/acre
$3,173/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -38.8% versus the adjusted value.
Offer position
Max allowable offer
$35,026
Offer $/acre
$1,813/ac
Projected profit
$18,389
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-214148 | 22.2 | Oct 14, 2024 | $60,000 | 2,701 | 2,963 | 71 |
| SD-742230 | 5.5 | Feb 7, 2026 | $13,100 | 2,360 | 2,554 | 64 |
| SD-135035 | 42.2 | Aug 27, 2024 | $93,300 | 2,209 | 2,317 | 64 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,640 | 64 |
| SD-865061 | 43.0 | Jan 11, 2024 | $185,700 | 4,317 | 4,669 | 60 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 2,986 | 56 |
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.