Brown County, SD · Sold

SD-657564

1427 County Road 363

$397,800

$1,508/ac · 264 ac

Offer report Market this tract

Acreage264 ac

Price per acre$1,508/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedJul 12, 2025

Coordinates45.5372, -98.2250

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Brown County, South Dakota. West River grazing and Black Hills recreational parcels.

View Brown market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,206 ft away

A long utility run — price in solar/off-grid instead.

Buildable area239.50 of 263.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$359,778

$301,510 – $418,046 · $1,364/ac on 264 ac

Asking vs estimate

+10.6%

Priced above the comp set

Weighted from 9 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $397,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$205,588

$780/ac · +30.0% target margin

You need $192,212 off asking to hit this margin.

All-in cost$223,063

Net resale$330,996

Projected profit$107,933

ROI+48.4%

Annualized+69.2%

Break-even resale$919/ac

Profit if resale lands off target

-20%

$41,734

-10%

$74,833

$107,933

+10%

$141,033

+20%

$174,132

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-667553 Paved · Off grid	261.6	Jul 6, 2025	$545,500	2,085	1,587	2.1 mi	86
SD-887142 Gravel · Off grid	194.3	Jul 27, 2026	$249,100	1,282	1,014	6.3 mi	81
SD-417382 Dirt · Power at road	231.1	Jan 31, 2025	$443,100	1,917	1,671	8.5 mi	78
SD-367300 Paved · Full utilities	217.8	Jan 23, 2026	$737,200	3,385	1,666	11.9 mi	74
SD-187098 Dirt · Full utilities	188.2	Dec 17, 2024	$350,600	1,864	1,263	2.2 mi	74
SD-918196 Landlocked · Off grid	416.8	Mar 15, 2026	$344,300	826	1,216	12.8 mi	72
SD-658443 Gravel · Full utilities	498.5	Jul 27, 2026	$866,900	1,739	1,260	14.2 mi	71
SD-876903 Landlocked · Off grid	163.4	Nov 14, 2025	$178,900	1,095	1,250	11.0 mi	70
SD-876165 Dirt · Off grid	95.7	Mar 23, 2024	$149,400	1,561	1,310	9.0 mi	60

Show adjustment detail for the top comp

Access (Paved → Dirt)-27.1%
Market time (13 mo)+4.7%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV