Corson County, SD · Sold

SD-614978

2414 County Road 232

$65,900

$1,627/ac · 40.51 ac

Offer report Market this tract

Acreage40.51 ac

Price per acre$1,627/ac

ZoningMixed Use

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedJan 7, 2025

Coordinates45.6194, -101.2062

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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

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

View Corson market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area36.64 of 40.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$72,174

$61,089 – $83,259 · $1,782/ac on 40.51 ac

Asking vs estimate

-8.7%

Priced below the comp set

Weighted from 10 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 $65,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$41,242

$1,018/ac · +30.0% target margin

You need $24,658 off asking to hit this margin.

All-in cost$44,748

Net resale$66,400

Projected profit$21,652

ROI+48.4%

Annualized+69.3%

Break-even resale$1,201/ac

Profit if resale lands off target

-20%

$8,372

-10%

$15,012

$21,652

+10%

$28,292

+20%

$34,932

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-465292 Gravel · Power at road	50.9	Jul 27, 2026	$137,600	2,706	2,071	9.2 mi	84
SD-614878 Dirt · Full utilities	37.7	Mar 20, 2026	$102,600	2,724	1,905	7.7 mi	83
SD-833992 Landlocked · Off grid	19.8	Jul 27, 2026	$28,400	1,431	1,624	9.8 mi	78
SD-824189 Paved · Power at road	22.9	Jul 1, 2026	$73,400	3,211	1,823	2.0 mi	78
SD-415064 Landlocked · Off grid	43.1	Mar 25, 2025	$36,500	848	1,148	6.0 mi	76
SD-186676 Dirt · Power at road	138.6	Jul 27, 2026	$262,800	1,896	2,135	5.8 mi	71
SD-244265 Gravel · Power at road	24.2	Jun 15, 2025	$68,700	2,841	2,002	4.7 mi	69
SD-865904 Landlocked · Power at road	79.2	Feb 15, 2026	$103,100	1,301	1,642	10.2 mi	68
SD-823658 Landlocked · Off grid	15.6	Dec 23, 2024	$23,000	1,475	1,735	6.3 mi	66
SD-725920 Landlocked · Power at road	80.2	Dec 7, 2024	$103,200	1,287	1,710	6.4 mi	63

Show adjustment detail for the top comp

Tract size (50.85 ac → 40.51 ac)+4.5%
Access (Gravel → Dirt)-14.0%
Utilities (Power at road → Off grid)-15.0%

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