Comparable sales & offer analysis
Parcel SD-631369
Mellette County, SD · 2.97 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$15,700
Adjusted value
$13,747
Value range
$11,877–$15,616
Comp $/acre
$4,629/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.2% versus the adjusted value.
Offer position
Max allowable offer
$7,855
Offer $/acre
$2,645/ac
Projected profit
$4,124
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-542093 | 5.0 | Jun 18, 2026 | $25,000 | 4,980 | 5,139 | 81 |
| SD-271809 | 4.1 | Dec 27, 2024 | $16,100 | 3,949 | 4,287 | 75 |
| SD-742230 | 5.5 | Feb 7, 2026 | $13,100 | 2,360 | 4,009 | 69 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 5,712 | 64 |
| SD-890798 | 2.0 | Jun 30, 2024 | $6,300 | 3,207 | 3,910 | 64 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 4,686 | 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.