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Custer County, SD · Sold

SD-396385

4808 County Road 16

$222,400
$1,981/ac · 112 ac
Acreage112 ac
Price per acre$1,981/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedJul 20, 2026
Coordinates43.6164, -103.4695
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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope30.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

913 ft of deeded road frontage.

Power126 ft away

Power at or near the road.

Buildable area65.46 of 112.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$270,239
$195,821$344,657 · $2,407/ac on 112 ac
Asking vs estimate
-17.7%
Priced below the comp set

Weighted from 9 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 $222,400
Maximum allowable offer
$154,422
$1,376/ac · +30.0% target margin

You need $67,978 off asking to hit this margin.

All-in cost$167,548
Net resale$248,620
Projected profit$81,072
ROI+48.4%
Annualized+69.3%
Break-even resale$1,622/ac
Profit if resale lands off target
-20%
$31,348
-10%
$56,210
0%
$81,072
+10%
$105,934
+20%
$130,796
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-376032
Dirt · Off grid
86.9Feb 10, 2026$252,4002,9043,2775.1 mi
84
SD-486981
Dirt · Power at road
172.9Jul 27, 2026$320,9001,8572,0857.8 mi
81
SD-706081
Gravel · Full utilities
90.1Jul 27, 2026$352,8003,9182,6228.7 mi
80
SD-107071
Dirt · Full utilities
184.5Apr 1, 2026$314,0001,7021,6164.8 mi
77
SD-474986
Gravel · Off grid
40.7Jul 27, 2026$146,0003,5832,9053.8 mi
76
SD-436191
Paved · Full utilities
97.5Mar 22, 2025$251,7002,5801,5763.2 mi
75
SD-695522
Dirt · Power at road
60.1May 15, 2024$175,9002,9282,7695.4 mi
67
SD-395115
Dirt · Power at road
44.7Jun 10, 2025$81,6001,8251,5597.1 mi
67
SD-485233
Gravel · Power at road
48.7Dec 15, 2024$206,5004,2393,2283.0 mi
65
Show adjustment detail for the top comp
  • Tract size (86.92 ac → 112.25 ac)-6.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (6 mo)+2.1%

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.