Comparable sales & offer analysis
Parcel SD-868978
Spink County, SD · 734 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$701,200
Adjusted value
$918,680
Value range
$781,159–$1,056,201
Comp $/acre
$1,251/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.7% versus the adjusted value.
Offer position
Max allowable offer
$524,960
Offer $/acre
$715/ac
Projected profit
$275,604
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-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 1,393 | 85 |
| SD-419468 | 1047.5 | Dec 29, 2025 | $1,039,500 | 992 | 1,322 | 79 |
| SD-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 1,359 | 73 |
| SD-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 930 | 72 |
| SD-269409 | 1003.7 | Aug 2, 2025 | $838,800 | 836 | 1,413 | 72 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 956 | 71 |
| SD-337443 | 241.6 | Dec 10, 2025 | $399,200 | 1,653 | 1,037 | 71 |
| SD-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 1,232 | 70 |
| SD-257909 | 338.6 | Dec 1, 2024 | $481,700 | 1,423 | 1,404 | 70 |
| SD-328256 | 435.4 | Feb 14, 2025 | $697,800 | 1,603 | 1,437 | 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.