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Custer County, SD · Sold

SD-568638

1922 County Road 327

$632,800
$1,102/ac · 574 ac
Acreage574 ac
Price per acre$1,102/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedNov 11, 2023
Coordinates43.5906, -103.5138
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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

5 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands19.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,648 ft away

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

Buildable area436.89 of 574.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$489,799
$415,391$564,207 · $853/ac on 574 ac
Asking vs estimate
+29.2%
Priced above the comp set

Weighted from 7 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 $632,800
Maximum allowable offer
$279,885
$487/ac · +30.0% target margin

You need $352,915 off asking to hit this margin.

All-in cost$303,675
Net resale$450,615
Projected profit$146,940
ROI+48.4%
Annualized+69.3%
Break-even resale$575/ac
Profit if resale lands off target
-20%
$56,817
-10%
$101,878
0%
$146,940
+10%
$192,002
+20%
$237,063
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-508440
Paved · Power at road
497.4Jul 12, 2026$985,8001,9829333.7 mi
84
SD-148762
Paved · Power at road
628.1Sep 14, 2025$846,3001,3477044.8 mi
77
SD-658508
Gravel · Power at road
522.5Mar 23, 2025$929,0001,7781,0574.6 mi
75
SD-309886
Landlocked · Off grid
1417.9May 6, 2025$787,6005557747.5 mi
71
SD-107071
Dirt · Full utilities
184.5Apr 1, 2026$314,0001,7026847.1 mi
70
SD-486981
Dirt · Power at road
172.9Jul 27, 2026$320,9001,85788210.7 mi
66
SD-209967
Gravel · Power at road
1503.6Aug 16, 2024$1,685,6001,12194613.9 mi
55
Show adjustment detail for the top comp
  • Tract size (497.42 ac → 574.14 ac)-4.3%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.