Comparable sales & offer analysis
Parcel SD-640441
Spink County, SD · 1.51 ac · Recreational · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,200
Adjusted value
$3,956
Value range
$3,437–$4,475
Comp $/acre
$2,620/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.1% versus the adjusted value.
Offer position
Max allowable offer
$2,261
Offer $/acre
$1,497/ac
Projected profit
$1,187
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-261590 | 3.5 | Feb 10, 2026 | $8,800 | 2,524 | 2,459 | 66 |
| SD-353707 | 16.1 | Jul 14, 2025 | $51,300 | 3,178 | 2,984 | 58 |
| SD-103510 | 14.0 | Jan 20, 2026 | $40,400 | 2,888 | 2,144 | 56 |
| SD-853492 | 13.8 | Jan 15, 2026 | $38,100 | 2,759 | 2,937 | 52 |
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.