Butte County, SD · Sold

SD-810240

8903 County Road 18

$4,700

$3,588/ac · 1.31 ac

Offer report Market this tract

Acreage1.31 ac

Price per acre$3,588/ac

ZoningAgricultural

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedApr 22, 2024

Coordinates44.8517, -103.6394

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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

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

View Butte market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope25.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

129 ft of deeded road frontage.

Power82 ft away

Power at or near the road.

Buildable area0.75 of 1.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$4,336

$3,565 – $5,107 · $3,310/ac on 1.31 ac

Asking vs estimate

+8.4%

Priced above the comp set

Weighted from 8 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 $4,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$2,478

$1,891/ac · +30.0% target margin

You need $2,222 off asking to hit this margin.

All-in cost$2,689

Net resale$3,989

Projected profit$1,300

ROI+48.4%

Annualized+69.2%

Break-even resale$2,231/ac

Profit if resale lands off target

-20%

$503

-10%

$902

$1,300

+10%

$1,699

+20%

$2,098

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-290103 Dirt · Off grid	1.2	May 4, 2026	$2,300	1,969	2,723	7.5 mi	80
SD-400741 Dirt · Power at road	1.9	Oct 12, 2025	$5,600	2,956	3,580	1.7 mi	77
SD-100078 Dirt · Off grid	1.2	Oct 18, 2025	$3,100	2,650	3,745	14.2 mi	77
SD-220346 Dirt · Power at road	1.4	Mar 18, 2025	$4,700	3,345	4,124	13.5 mi	72
SD-851014 Gravel · Off grid	2.3	Feb 23, 2026	$5,900	2,556	3,098	11.9 mi	72
SD-671079 Dirt · Full utilities	2.4	Feb 16, 2025	$9,300	3,874	3,967	2.0 mi	68
SD-371582 Gravel · Off grid	3.5	Dec 19, 2025	$7,200	2,071	2,557	8.4 mi	67
SD-221557 Dirt · Power at road	3.4	Aug 18, 2024	$6,800	2,004	2,578	5.5 mi	61

Show adjustment detail for the top comp

Access (Dirt → Gravel)+16.3%
Utilities (Off grid → Power at road)+17.6%
Market time (3 mo)+1.2%

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.

Build the listing kit Post a deal or JV