Comparable sales & offer analysis
Parcel SD-742230
Mellette County, SD · 5.53 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$12,300
Adjusted value
$15,235
Value range
$12,576–$17,894
Comp $/acre
$2,755/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.3% versus the adjusted value.
Offer position
Max allowable offer
$8,706
Offer $/acre
$1,574/ac
Projected profit
$4,570
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 | 3,091 | 84 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,436 | 75 |
| SD-631369 | 3.0 | Jul 27, 2026 | $14,400 | 4,842 | 2,935 | 75 |
| SD-103956 | 19.3 | Jul 27, 2026 | $37,800 | 1,957 | 1,851 | 68 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 2,819 | 68 |
| SD-271809 | 4.1 | Dec 27, 2024 | $16,100 | 3,949 | 2,580 | 67 |
| SD-890798 | 2.0 | Jun 30, 2024 | $6,300 | 3,207 | 2,353 | 59 |
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.