Comparable sales & offer analysis
Parcel SD-437027
Spink County, SD · 179 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$496,100
Adjusted value
$434,515
Value range
$350,008–$519,023
Comp $/acre
$2,431/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.2% versus the adjusted value.
Offer position
Max allowable offer
$248,294
Offer $/acre
$1,389/ac
Projected profit
$130,355
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-337443 | 241.6 | Dec 10, 2025 | $399,200 | 1,653 | 2,268 | 81 |
| SD-477260 | 211.6 | Apr 3, 2026 | $280,300 | 1,325 | 2,034 | 81 |
| SD-487938 | 345.8 | Mar 1, 2026 | $752,800 | 2,177 | 2,693 | 79 |
| SD-907750 | 301.8 | Mar 29, 2026 | $527,000 | 1,747 | 2,970 | 79 |
| SD-647000 | 175.3 | Jul 26, 2024 | $276,800 | 1,580 | 1,716 | 76 |
| SD-626907 | 163.8 | Dec 3, 2023 | $391,300 | 2,388 | 3,185 | 74 |
| SD-807615 | 273.6 | May 23, 2025 | $479,900 | 1,754 | 2,091 | 74 |
| SD-566892 | 162.1 | Sep 12, 2024 | $275,300 | 1,699 | 2,193 | 73 |
| SD-948751 | 623.1 | Jul 27, 2026 | $1,075,100 | 1,725 | 3,047 | 69 |
| SD-547886 | 333.0 | Mar 6, 2025 | $313,100 | 940 | 2,147 | 68 |
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.