Comparable sales & offer analysis
Parcel SD-135035
Mellette County, SD · 42.22 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$106,600
Adjusted value
$136,456
Value range
$98,248–$174,664
Comp $/acre
$3,232/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.9% versus the adjusted value.
Offer position
Max allowable offer
$77,975
Offer $/acre
$1,847/ac
Projected profit
$40,937
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-103956 | 19.3 | Jul 27, 2026 | $37,800 | 1,957 | 2,035 | 74 |
| SD-865061 | 43.0 | Jan 11, 2024 | $185,700 | 4,317 | 4,844 | 72 |
| SD-214148 | 22.2 | Oct 14, 2024 | $60,000 | 2,701 | 3,075 | 61 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,777 | 57 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 3,099 | 56 |
| SD-907201 | 202.7 | Mar 8, 2024 | $262,000 | 1,292 | 2,457 | 53 |
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.
