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Custer County, SD · Sold

SD-695522

3818 County Road 349

$197,400
$3,286/ac · 60.07 ac
Acreage60.07 ac
Price per acre$3,286/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedFeb 17, 2024
Coordinates43.6333, -103.5741
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

No material red flags on the mapped layers.

Risk index
6
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,502 ft of deeded road frontage.

Power81 ft away

Power at or near the road.

Buildable area54.56 of 60.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$156,402
$112,609$200,194 · $2,604/ac on 60.07 ac
Asking vs estimate
+26.2%
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 $197,400
Maximum allowable offer
$89,372
$1,488/ac · +30.0% target margin

You need $108,028 off asking to hit this margin.

All-in cost$96,969
Net resale$143,890
Projected profit$46,921
ROI+48.4%
Annualized+69.3%
Break-even resale$1,755/ac
Profit if resale lands off target
-20%
$18,143
-10%
$32,532
0%
$46,921
+10%
$61,310
+20%
$75,699
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-706081
Gravel · Full utilities
90.1Jul 27, 2026$352,8003,9183,0346.9 mi
82
SD-396385
Dirt · Power at road
112.3Jul 27, 2026$207,1001,8452,1405.4 mi
80
SD-474986
Gravel · Off grid
40.7Jul 27, 2026$146,0003,5833,3638.1 mi
77
SD-376032
Dirt · Off grid
86.9Feb 10, 2026$252,4002,9043,79310.4 mi
75
SD-395115
Dirt · Power at road
44.7Jun 10, 2025$81,6001,8251,8048.9 mi
74
SD-485233
Gravel · Power at road
48.7Dec 15, 2024$206,5004,2393,7364.9 mi
74
SD-107071
Dirt · Full utilities
184.5Apr 1, 2026$314,0001,7021,8706.7 mi
73
SD-486981
Dirt · Power at road
172.9Jul 27, 2026$320,9001,8572,41312.0 mi
72
SD-436191
Paved · Full utilities
97.5Mar 22, 2025$251,7002,5801,8248.2 mi
66
SD-403836
Landlocked · Off grid
17.7Oct 11, 2025$25,0001,4101,7726.6 mi
62
Show adjustment detail for the top comp
  • Tract size (90.06 ac → 60.07 ac)+9.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Power at road)-18.0%

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.