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Custer County, SD · Sold

SD-148762

9716 County Road 186

$1,009,900
$1,608/ac · 628 ac
Acreage628 ac
Price per acre$1,608/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJan 8, 2025
Coordinates43.5923, -103.4179
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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

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

View Custer market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope5.0%

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.

Power83 ft away

Power at or near the road.

Buildable area534.64 of 628.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,166,217
$970,643$1,361,791 · $1,857/ac on 628 ac
Asking vs estimate
-13.4%
Priced below the comp set

Weighted from 6 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 $1,009,900
Maximum allowable offer
$666,410
$1,061/ac · +30.0% target margin

You need $343,490 off asking to hit this margin.

All-in cost$723,055
Net resale$1,072,919
Projected profit$349,865
ROI+48.4%
Annualized+69.2%
Break-even resale$1,251/ac
Profit if resale lands off target
-20%
$135,281
-10%
$242,573
0%
$349,865
+10%
$457,157
+20%
$564,448
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-508440
Paved · Power at road
497.4Jul 12, 2026$985,8001,9821,8548.5 mi
84
SD-658508
Gravel · Power at road
522.5Mar 23, 2025$929,0001,7782,1004.6 mi
80
SD-568638
Landlocked · Off grid
574.1Nov 24, 2024$616,3001,0742,2874.8 mi
73
SD-107071
Dirt · Full utilities
184.5Apr 1, 2026$314,0001,7021,3586.8 mi
65
SD-309886
Landlocked · Off grid
1417.9May 6, 2025$787,6005551,5388.4 mi
62
SD-209967
Gravel · Power at road
1503.6Aug 16, 2024$1,685,6001,1211,88015.5 mi
57
Show adjustment detail for the top comp
  • Tract size (497.42 ac → 628.1 ac)-6.8%
  • Market time (1 mo)+0.4%

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.