← New search
Custer County, SD · Sold

SD-209967

8517 County Road 375

$1,590,200
$1,058/ac · 1,504 ac
Acreage1,504 ac
Price per acre$1,058/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMar 9, 2024
Coordinates43.7883, -103.5689
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
23
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.8%

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.

Power116 ft away

Power at or near the road.

Buildable area1218.46 of 1503.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,765,456
$1,449,050$2,081,862 · $1,174/ac on 1,504 ac
Asking vs estimate
-9.9%
Priced below the comp set

Weighted from 5 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 $1,590,200
Maximum allowable offer
$1,008,832
$671/ac · +30.0% target margin

You need $581,368 off asking to hit this margin.

All-in cost$1,094,583
Net resale$1,624,219
Projected profit$529,637
ROI+48.4%
Annualized+69.2%
Break-even resale$791/ac
Profit if resale lands off target
-20%
$204,793
-10%
$367,215
0%
$529,637
+10%
$692,058
+20%
$854,480
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-309886
Landlocked · Off grid
1417.9May 6, 2025$787,6005559947.1 mi
74
SD-508440
Paved · Power at road
497.4Jul 12, 2026$985,8001,9821,19813.9 mi
66
SD-658508
Gravel · Power at road
522.5Mar 23, 2025$929,0001,7781,35810.9 mi
62
SD-148762
Paved · Power at road
628.1Sep 14, 2025$846,3001,34790515.5 mi
61
SD-568638
Landlocked · Off grid
574.1Nov 24, 2024$616,3001,0741,47813.9 mi
56
Show adjustment detail for the top comp
  • Tract size (1417.93 ac → 1503.62 ac)-1.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (15 mo)+5.4%

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.