Custer County, SD · Sold

SD-107071

4526 County Road 277

$355,200

$1,925/ac · 185 ac

Offer report Market this tract

Acreage185 ac

Price per acre$1,925/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographyFlat

ListedFeb 27, 2025

Coordinates43.6860, -103.4615

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands25.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,053 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area129.89 of 184.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$458,420

$357,568 – $559,273 · $2,485/ac on 185 ac

Asking vs estimate

-22.5%

Priced below 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 $355,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$261,954

$1,420/ac · +30.0% target margin

You need $93,246 off asking to hit this margin.

All-in cost$284,220

Net resale$421,747

Projected profit$137,527

ROI+48.4%

Annualized+69.3%

Break-even resale$1,674/ac

Profit if resale lands off target

-20%

$53,177

-10%

$95,352

$137,527

+10%

$179,701

+20%

$221,876

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-486981 Dirt · Power at road	172.9	Jul 27, 2026	$320,900	1,857	2,230	5.8 mi	87
SD-706081 Gravel · Full utilities	90.1	Jul 27, 2026	$352,800	3,918	2,804	5.1 mi	81
SD-396385 Dirt · Power at road	112.3	Jul 27, 2026	$207,100	1,845	1,978	4.8 mi	80
SD-376032 Dirt · Off grid	86.9	Feb 10, 2026	$252,400	2,904	3,506	8.3 mi	71
SD-508440 Paved · Power at road	497.4	Jul 12, 2026	$985,800	1,982	2,359	9.3 mi	68
SD-436191 Paved · Full utilities	97.5	Mar 22, 2025	$251,700	2,580	1,686	7.3 mi	66
SD-695522 Dirt · Power at road	60.1	May 15, 2024	$175,900	2,928	2,962	6.7 mi	63
SD-658508 Gravel · Power at road	522.5	Mar 23, 2025	$929,000	1,778	2,673	2.6 mi	63
SD-568638 Landlocked · Off grid	574.1	Nov 24, 2024	$616,300	1,074	2,911	7.1 mi	62
SD-148762 Paved · Power at road	628.1	Sep 14, 2025	$846,300	1,347	1,781	6.8 mi	61

Show adjustment detail for the top comp

Tract size (172.86 ac → 184.51 ac)-1.8%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV