Comparable sales & offer analysis
Parcel SD-609611
Pennington County, SD · 1,162 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,463,100
Adjusted value
$1,059,033
Value range
$895,226–$1,222,841
Comp $/acre
$912/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +38.2% versus the adjusted value.
Offer position
Max allowable offer
$605,162
Offer $/acre
$521/ac
Projected profit
$317,710
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-759765 | 1298.9 | Jun 26, 2024 | $912,000 | 702 | 937 | 77 |
| SD-528527 | 529.8 | Apr 4, 2026 | $735,100 | 1,388 | 1,112 | 75 |
| SD-529807 | 1339.1 | Aug 21, 2024 | $1,111,500 | 830 | 774 | 70 |
| SD-668580 | 550.5 | Sep 16, 2024 | $489,100 | 889 | 891 | 65 |
| SD-238395 | 481.5 | Feb 25, 2025 | $649,900 | 1,350 | 1,099 | 63 |
| SD-608384 | 477.6 | May 25, 2025 | $367,900 | 770 | 729 | 63 |
| SD-978020 | 366.9 | Sep 18, 2025 | $345,700 | 942 | 804 | 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.