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Brown County, SD · Sold

SD-667553

1896 County Road 196

$622,000
$2,377/ac · 262 ac
Acreage262 ac
Price per acre$2,377/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedMar 2, 2025
Coordinates45.5673, -98.2251
Loading terrain…
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

4 items to verify before you offer.

Risk index
30
Low risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,436 ft away

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

Buildable area221.95 of 261.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$480,748
$407,374$554,121 · $1,838/ac on 262 ac
Asking vs estimate
+29.4%
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 $622,000
Maximum allowable offer
$274,713
$1,050/ac · +30.0% target margin

You need $347,287 off asking to hit this margin.

All-in cost$298,064
Net resale$442,288
Projected profit$144,224
ROI+48.4%
Annualized+69.2%
Break-even resale$1,238/ac
Profit if resale lands off target
-20%
$55,767
-10%
$99,995
0%
$144,224
+10%
$188,453
+20%
$232,682
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-657564
Dirt · Off grid
263.7Jul 27, 2026$357,2001,3551,8672.1 mi
94
SD-887142
Gravel · Off grid
194.3Jul 27, 2026$249,1001,2821,3946.1 mi
82
SD-367300
Paved · Full utilities
217.8Jan 23, 2026$737,2003,3852,29111.8 mi
77
SD-417382
Dirt · Power at road
231.1Jan 31, 2025$443,1001,9172,2976.6 mi
77
SD-918196
Landlocked · Off grid
416.8Mar 15, 2026$344,3008261,67212.5 mi
72
SD-187098
Dirt · Full utilities
188.2Dec 17, 2024$350,6001,8641,7371.5 mi
72
SD-658443
Gravel · Full utilities
498.5Jul 27, 2026$866,9001,7391,73313.3 mi
70
SD-876903
Landlocked · Off grid
163.4Nov 14, 2025$178,9001,0951,71910.9 mi
70
SD-876165
Dirt · Off grid
95.7Mar 23, 2024$149,4001,5611,8019.1 mi
57
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%

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.