Dewey County, SD · Sold

SD-339393

7985 County Road 35

$517,200

$521/ac · 992 ac

Offer report Market this tract

Acreage992 ac

Price per acre$521/ac

ZoningRecreational

Road accessLandlocked

UtilitiesOff grid

TopographyFlat

ListedApr 14, 2025

Coordinates45.1220, -100.9360

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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

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

View Dewey market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index

Moderate risk

Wetlands17.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

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.

Power4,604 ft away

Service extension needed; get a utility quote.

Buildable area774.72 of 992.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$465,136

$354,323 – $575,948 · $469/ac on 992 ac

Asking vs estimate

+11.2%

Priced above 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 $517,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$265,792

$268/ac · +30.0% target margin

You need $251,408 off asking to hit this margin.

All-in cost$288,384

Net resale$427,925

Projected profit$139,541

ROI+48.4%

Annualized+69.2%

Break-even resale$316/ac

Profit if resale lands off target

-20%

$53,956

-10%

$96,748

$139,541

+10%

$182,333

+20%

$225,126

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-839297 Gravel · Off grid	925.4	Jul 27, 2026	$801,700	866	578	6.7 mi	90
SD-459471 Gravel · Full utilities	1049.8	Jul 27, 2026	$1,039,800	991	479	4.6 mi	85
SD-569210 Dirt · Full utilities	868.9	May 13, 2026	$660,700	760	406	5.3 mi	82
SD-918591 Landlocked · Off grid	554.9	Apr 6, 2026	$239,200	431	366	5.9 mi	77
SD-309035 Gravel · Off grid	765.5	Dec 21, 2025	$478,400	625	403	7.8 mi	77
SD-158753 Gravel · Off grid	624.0	Jun 18, 2024	$672,500	1,078	693	6.1 mi	67
SD-849094 Gravel · Power at road	798.9	Oct 25, 2024	$776,200	972	565	11.3 mi	67
SD-618408 Gravel · Full utilities	486.0	Oct 17, 2024	$365,400	752	308	7.7 mi	66
SD-759968 Paved · Full utilities	1504.7	Aug 29, 2024	$1,261,100	838	415	9.4 mi	64

Show adjustment detail for the top comp

Tract size (925.44 ac → 992.09 ac)-2.1%
Access (Gravel → Landlocked)-32.0%

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