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Corson County, SD · Sold

SD-614878

3808 County Road 223

$106,700
$2,832/ac · 37.68 ac
Acreage37.68 ac
Price per acre$2,832/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedApr 8, 2025
Coordinates45.6836, -101.0765
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

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
15
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,108 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.57 of 37.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$91,406
$76,917$105,896 · $2,426/ac on 37.68 ac
Asking vs estimate
+16.7%
Priced above 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 $106,700
Maximum allowable offer
$52,232
$1,386/ac · +30.0% target margin

You need $54,468 off asking to hit this margin.

All-in cost$56,672
Net resale$84,094
Projected profit$27,422
ROI+48.4%
Annualized+69.3%
Break-even resale$1,635/ac
Profit if resale lands off target
-20%
$10,603
-10%
$19,013
0%
$27,422
+10%
$35,832
+20%
$44,241
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-465292
Gravel · Power at road
50.9Jul 27, 2026$137,6002,7063,0121.6 mi
83
SD-415064
Landlocked · Off grid
43.1Mar 25, 2025$36,5008481,6692.4 mi
80
SD-824189
Paved · Power at road
22.9Jul 1, 2026$73,4003,2112,6529.6 mi
78
SD-614978
Dirt · Off grid
40.5Apr 7, 2025$55,8001,3782,1187.7 mi
77
SD-833992
Landlocked · Off grid
19.8Jul 27, 2026$28,4001,4312,3613.6 mi
76
SD-865904
Landlocked · Power at road
79.2Feb 15, 2026$103,1001,3012,3888.1 mi
73
SD-244265
Gravel · Power at road
24.2Jun 15, 2025$68,7002,8412,9125.5 mi
69
SD-713174
Landlocked · Off grid
11.0Dec 23, 2025$14,9001,3572,1557.3 mi
67
SD-725920
Landlocked · Power at road
80.2Dec 7, 2024$103,2001,2872,4863.4 mi
64
SD-823658
Landlocked · Off grid
15.6Dec 23, 2024$23,0001,4752,5231.6 mi
64
Show adjustment detail for the top comp
  • Tract size (50.85 ac → 37.68 ac)+5.9%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.