Comparable sales & offer analysis
Parcel SD-978020
Pennington County, SD · 367 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$370,100
Adjusted value
$417,553
Value range
$309,727–$525,379
Comp $/acre
$1,138/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.4% versus the adjusted value.
Offer position
Max allowable offer
$238,602
Offer $/acre
$650/ac
Projected profit
$125,266
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-528527 | 529.8 | Apr 4, 2026 | $735,100 | 1,388 | 1,353 | 75 |
| SD-238395 | 481.5 | Feb 25, 2025 | $649,900 | 1,350 | 1,337 | 71 |
| SD-608384 | 477.6 | May 25, 2025 | $367,900 | 770 | 887 | 70 |
| SD-616604 | 131.6 | Jan 26, 2026 | $109,100 | 829 | 636 | 68 |
| SD-668580 | 550.5 | Sep 16, 2024 | $489,100 | 889 | 1,084 | 67 |
| SD-176854 | 157.7 | Aug 22, 2025 | $142,800 | 906 | 1,104 | 67 |
| SD-609611 | 1161.8 | Jan 11, 2025 | $1,439,700 | 1,239 | 1,616 | 57 |
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.