Comparable sales & offer analysis
Parcel SD-865061
Mellette County, SD · 43.02 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$197,800
Adjusted value
$118,004
Value range
$93,422–$142,586
Comp $/acre
$2,743/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +67.6% versus the adjusted value.
Offer position
Max allowable offer
$67,431
Offer $/acre
$1,567/ac
Projected profit
$35,401
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 | 2,389 | 73 |
| SD-103956 | 19.3 | Jul 27, 2026 | $37,800 | 1,957 | 2,022 | 72 |
| SD-214148 | 22.2 | Oct 14, 2024 | $60,000 | 2,701 | 3,055 | 63 |
| SD-882743 | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,753 | 57 |
| SD-907201 | 202.7 | Mar 8, 2024 | $262,000 | 1,292 | 2,441 | 55 |
| SD-452752 | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 3,079 | 52 |
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.