Comparable sales & offer analysis
Parcel SD-487938
Spink County, SD · 346 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$849,700
Adjusted value
$754,167
Value range
$628,760–$879,575
Comp $/acre
$2,181/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.7% versus the adjusted value.
Offer position
Max allowable offer
$430,953
Offer $/acre
$1,246/ac
Projected profit
$226,250
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-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 2,448 | 83 |
| SD-337443 | 241.6 | Dec 10, 2025 | $399,200 | 1,653 | 1,869 | 79 |
| SD-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 2,510 | 77 |
| SD-437027 | 178.7 | Jul 14, 2025 | $455,900 | 2,551 | 2,210 | 75 |
| SD-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 1,676 | 74 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 1,723 | 74 |
| SD-547886 | 333.0 | Mar 6, 2025 | $313,100 | 940 | 1,770 | 73 |
| SD-257909 | 338.6 | Dec 1, 2024 | $481,700 | 1,423 | 2,529 | 72 |
| SD-328256 | 435.4 | Feb 14, 2025 | $697,800 | 1,603 | 2,588 | 67 |
| SD-269409 | 1003.7 | Aug 2, 2025 | $838,800 | 836 | 2,545 | 66 |
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.