Comparable sales & offer analysis
Parcel SD-269409
Spink County, SD · 1,004 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,005,800
Adjusted value
$779,006
Value range
$666,878–$891,134
Comp $/acre
$776/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +29.1% versus the adjusted value.
Offer position
Max allowable offer
$445,146
Offer $/acre
$444/ac
Projected profit
$233,702
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-419468 | 1047.5 | Dec 29, 2025 | $1,039,500 | 992 | 816 | 84 |
| SD-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 860 | 76 |
| SD-868978 | 734.5 | May 31, 2025 | $648,600 | 883 | 573 | 71 |
| SD-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 761 | 70 |
| SD-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 839 | 68 |
| SD-547886 | 333.0 | Mar 6, 2025 | $313,100 | 940 | 606 | 61 |
| SD-257909 | 338.6 | Dec 1, 2024 | $481,700 | 1,423 | 867 | 58 |
| SD-328256 | 435.4 | Feb 14, 2025 | $697,800 | 1,603 | 887 | 58 |
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.