Comparable sales & offer analysis
Parcel SD-337443
Spink County, SD · 242 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$436,300
Adjusted value
$450,953
Value range
$365,230–$536,676
Comp $/acre
$1,867/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.2% versus the adjusted value.
Offer position
Max allowable offer
$257,687
Offer $/acre
$1,067/ac
Projected profit
$135,286
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-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 1,533 | 84 |
| SD-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 2,238 | 80 |
| SD-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 2,029 | 79 |
| SD-437027 | 178.7 | Jul 14, 2025 | $455,900 | 2,551 | 2,021 | 79 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 1,575 | 79 |
| SD-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 2,296 | 74 |
| SD-547886 | 333.0 | Mar 6, 2025 | $313,100 | 940 | 1,618 | 73 |
| SD-566892 | 162.1 | Sep 12, 2024 | $275,300 | 1,699 | 1,652 | 71 |
| SD-626907 | 163.8 | Dec 3, 2023 | $391,300 | 2,388 | 2,399 | 71 |
| SD-647000 | 175.3 | Jul 26, 2024 | $276,800 | 1,580 | 1,293 | 70 |
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.