Comparable sales & offer analysis
Parcel SD-948751
Spink County, SD · 623 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,110,600
Adjusted value
$934,815
Value range
$776,635–$1,092,995
Comp $/acre
$1,500/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.8% versus the adjusted value.
Offer position
Max allowable offer
$534,180
Offer $/acre
$857/ac
Projected profit
$280,445
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-868978 | 734.5 | May 31, 2025 | $648,600 | 883 | 1,158 | 76 |
| SD-419468 | 1047.5 | Dec 29, 2025 | $1,039,500 | 992 | 1,649 | 73 |
| SD-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 1,537 | 72 |
| SD-328256 | 435.4 | Feb 14, 2025 | $697,800 | 1,603 | 1,792 | 72 |
| SD-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 1,695 | 70 |
| SD-337443 | 241.6 | Dec 10, 2025 | $399,200 | 1,653 | 1,294 | 69 |
| SD-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 1,161 | 69 |
| SD-269409 | 1003.7 | Aug 2, 2025 | $838,800 | 836 | 1,762 | 67 |
| SD-257909 | 338.6 | Dec 1, 2024 | $481,700 | 1,423 | 1,751 | 67 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 1,193 | 62 |
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.