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Charles Mix County, SD · Sold

SD-147544

5157 County Road 225

$385,000
$1,481/ac · 260 ac
Acreage260 ac
Price per acre$1,481/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedAug 6, 2024
Coordinates43.2966, -98.5892
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

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

View Charles Mix market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands24.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power28 ft away

Power at or near the road.

Buildable area185.93 of 259.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$456,937
$349,930$563,944 · $1,758/ac on 260 ac
Asking vs estimate
-15.7%
Priced below the comp set

Weighted from 6 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 $385,000
Maximum allowable offer
$261,107
$1,005/ac · +30.0% target margin

You need $123,893 off asking to hit this margin.

All-in cost$283,301
Net resale$420,382
Projected profit$137,081
ROI+48.4%
Annualized+69.2%
Break-even resale$1,185/ac
Profit if resale lands off target
-20%
$53,005
-10%
$95,043
0%
$137,081
+10%
$179,119
+20%
$221,157
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-867470
Landlocked · Power at road
246.3Jul 27, 2026$294,1001,1941,4907.8 mi
90
SD-207770
Dirt · Power at road
306.1Feb 15, 2025$633,0002,0672,3046.5 mi
82
SD-545974
Gravel · Off grid
83.3Jul 27, 2026$113,7001,3641,0245.7 mi
74
SD-307980
Paved · Power at road
356.4Jan 4, 2025$776,7002,1791,8592.0 mi
74
SD-738535
Dirt · Off grid
532.9Jul 27, 2026$723,9001,3581,98110.5 mi
74
SD-468884
Paved · Off grid
686.1Oct 30, 2025$1,116,9001,6281,92613.2 mi
60
Show adjustment detail for the top comp
  • Tract size (246.35 ac → 259.92 ac)-1.5%
  • Access (Landlocked → Dirt)+26.5%

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.