Comparable sales & offer analysis
Parcel SD-865061
Mellette County, SD · 43.02 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$197,800
Adjusted value
$117,383
Value range
$92,884–$141,882
Comp $/acre
$2,729/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +68.5% versus the adjusted value.
Offer position
Max allowable offer
$67,076
Offer $/acre
$1,559/ac
Projected profit
$35,215
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-135035 | 42.2 | Aug 27, 2024 | $93,300 | 2,209 | 2,376 | 74 |
| SD-103956 | 19.3 | Jul 27, 2026 | $37,800 | 1,957 | 2,011 | 74 |
| SD-214148 | 22.2 | Oct 14, 2024 | $60,000 | 2,701 | 3,039 | 64 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,733 | 58 |
| SD-907201 | 202.7 | Mar 8, 2024 | $262,000 | 1,292 | 2,429 | 55 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 3,063 | 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.