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Custer County, SD · Sold

SD-309886

2864 County Road 33

$772,900
$545/ac · 1,418 ac
Acreage1,418 ac
Price per acre$545/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedOct 29, 2024
Coordinates43.6980, -103.4991
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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
40
Moderate risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,704 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1213.68 of 1417.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,029,170
$870,455$1,187,886 · $726/ac on 1,418 ac
Asking vs estimate
-24.9%
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 $772,900
Maximum allowable offer
$588,097
$415/ac · +30.0% target margin

You need $184,803 off asking to hit this margin.

All-in cost$638,085
Net resale$946,837
Projected profit$308,751
ROI+48.4%
Annualized+69.2%
Break-even resale$489/ac
Profit if resale lands off target
-20%
$119,384
-10%
$214,068
0%
$308,751
+10%
$403,435
+20%
$498,119
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-209967
Gravel · Power at road
1503.6Aug 16, 2024$1,685,6001,1217157.1 mi
72
SD-568638
Landlocked · Off grid
574.1Nov 24, 2024$616,3001,0748707.5 mi
69
SD-508440
Paved · Power at road
497.4Jul 12, 2026$985,8001,9827058.8 mi
68
SD-148762
Paved · Power at road
628.1Sep 14, 2025$846,3001,3475338.4 mi
64
SD-658508
Gravel · Power at road
522.5Mar 23, 2025$929,0001,7787993.8 mi
62
Show adjustment detail for the top comp
  • Tract size (1503.62 ac → 1417.93 ac)+1.9%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (24 mo)+8.4%

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.