← New search
Custer County, SD · Sold

SD-461737

7872 County Road 148

$28,600
$7,390/ac · 3.87 ac
Acreage3.87 ac
Price per acre$7,390/ac
ZoningMixed Use
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedOct 2, 2025
Coordinates43.6069, -103.3828
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

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

View Custer market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

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.

PowerOn site

Power at or near the road.

Buildable area3.15 of 3.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,060
$21,433$28,688 · $6,476/ac on 3.87 ac
Asking vs estimate
+14.1%
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 $28,600
Maximum allowable offer
$14,320
$3,700/ac · +30.0% target margin

You need $14,280 off asking to hit this margin.

All-in cost$15,537
Net resale$23,056
Projected profit$7,518
ROI+48.4%
Annualized+69.3%
Break-even resale$4,364/ac
Profit if resale lands off target
-20%
$2,907
-10%
$5,213
0%
$7,518
+10%
$9,824
+20%
$12,129
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-172071
Landlocked · Power at road
4.9Jul 27, 2026$10,8002,1994,7128.6 mi
79
SD-521597
Landlocked · Full utilities
3.5Oct 28, 2024$11,6003,3286,1893.0 mi
76
SD-170569
Dirt · Full utilities
1.7May 26, 2026$7,7004,6636,3195.3 mi
73
SD-211229
Paved · Off grid
2.7Feb 19, 2025$9,3003,4585,2123.9 mi
73
SD-582549
Paved · Off grid
7.0May 9, 2025$34,3004,9247,65510.0 mi
71
SD-963286
Paved · Power at road
11.9Jul 27, 2026$69,9005,8797,69410.1 mi
69
SD-983088
Gravel · Power at road
10.3Jul 27, 2026$43,9004,2656,5068.8 mi
69
SD-850280
Dirt · Power at road
1.4May 27, 2026$5,8004,3227,1238.2 mi
67
SD-141269
Dirt · Off grid
2.8May 24, 2024$8,7003,1576,7285.9 mi
66
SD-933421
Dirt · Off grid
13.1May 21, 2026$42,7003,2607,0059.3 mi
64
Show adjustment detail for the top comp
  • Tract size (4.93 ac → 3.87 ac)+1.0%
  • Access (Landlocked → Paved)+73.5%
  • 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.