Comparable sales & offer analysis
Parcel SD-907750
Spink County, SD · 302 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$584,300
Adjusted value
$455,148
Value range
$380,389–$529,908
Comp $/acre
$1,508/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.4% versus the adjusted value.
Offer position
Max allowable offer
$260,085
Offer $/acre
$862/ac
Projected profit
$136,545
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-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 1,609 | 82 |
| SD-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 1,215 | 81 |
| SD-547886 | 333.0 | Mar 6, 2025 | $313,100 | 940 | 1,283 | 81 |
| SD-337443 | 241.6 | Dec 10, 2025 | $399,200 | 1,653 | 1,355 | 79 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 1,249 | 78 |
| SD-437027 | 178.7 | Jul 14, 2025 | $455,900 | 2,551 | 1,603 | 75 |
| SD-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 1,820 | 74 |
| SD-257909 | 338.6 | Dec 1, 2024 | $481,700 | 1,423 | 1,834 | 73 |
| SD-328256 | 435.4 | Feb 14, 2025 | $697,800 | 1,603 | 1,877 | 71 |
| SD-566892 | 162.1 | Sep 12, 2024 | $275,300 | 1,699 | 1,310 | 70 |
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.