Comparable sales & offer analysis
Parcel SD-238395
Pennington County, SD · 481 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$692,100
Adjusted value
$587,511
Value range
$471,835–$703,187
Comp $/acre
$1,220/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.8% versus the adjusted value.
Offer position
Max allowable offer
$335,721
Offer $/acre
$697/ac
Projected profit
$176,253
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-608384 | 477.6 | May 25, 2025 | $367,900 | 770 | 956 | 85 |
| SD-528527 | 529.8 | Apr 4, 2026 | $735,100 | 1,388 | 1,458 | 83 |
| SD-978020 | 366.9 | Sep 18, 2025 | $345,700 | 942 | 1,054 | 73 |
| SD-668580 | 550.5 | Sep 16, 2024 | $489,100 | 889 | 1,168 | 73 |
| SD-176854 | 157.7 | Aug 22, 2025 | $142,800 | 906 | 1,190 | 64 |
| SD-609611 | 1161.8 | Jan 11, 2025 | $1,439,700 | 1,239 | 1,742 | 62 |
| SD-759765 | 1298.9 | Jun 26, 2024 | $912,000 | 702 | 1,228 | 61 |
| SD-529807 | 1339.1 | Aug 21, 2024 | $1,111,500 | 830 | 1,015 | 60 |
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.