Comparable sales & offer analysis
Parcel SD-484205
Spink County, SD · 23.14 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$63,600
Adjusted value
$74,193
Value range
$60,249–$88,136
Comp $/acre
$3,206/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.3% versus the adjusted value.
Offer position
Max allowable offer
$42,396
Offer $/acre
$1,832/ac
Projected profit
$22,258
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-103510 | 14.0 | Jan 20, 2026 | $40,400 | 2,888 | 2,653 | 72 |
| SD-353707 | 16.1 | Jul 14, 2025 | $51,300 | 3,178 | 3,693 | 72 |
| SD-695394 | 54.8 | May 10, 2026 | $89,400 | 1,633 | 2,623 | 70 |
| SD-853492 | 13.8 | Jan 15, 2026 | $38,100 | 2,759 | 3,634 | 69 |
| SD-894741 | 34.1 | Apr 10, 2024 | $112,700 | 3,303 | 3,673 | 68 |
| SD-724711 | 33.4 | Oct 7, 2024 | $55,000 | 1,647 | 2,570 | 66 |
| SD-585561 | 61.8 | Dec 21, 2024 | $155,900 | 2,522 | 3,062 | 65 |
| SD-525784 | 72.6 | Oct 10, 2024 | $177,600 | 2,445 | 2,666 | 64 |
| SD-475886 | 78.2 | Jan 21, 2025 | $187,500 | 2,398 | 4,389 | 59 |
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.