Dewey County, SD · Sold

SD-759968

7802 County Road 229

$1,418,600

$943/ac · 1,505 ac

Offer report Market this tract

Acreage1,505 ac

Price per acre$943/ac

ZoningMixed Use

Road accessPaved

UtilitiesFull utilities

TopographyWooded

ListedMar 15, 2024

Coordinates45.1961, -100.7741

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands11.1% of tract

Little to no mapped wetland coverage.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

9,216 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1270.80 of 1504.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,561,010

$1,198,653 – $1,923,367 · $1,037/ac on 1,505 ac

Asking vs estimate

-9.1%

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 $1,418,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$892,006

$593/ac · +30.0% target margin

You need $526,594 off asking to hit this margin.

All-in cost$967,827

Net resale$1,436,129

Projected profit$468,303

ROI+48.4%

Annualized+69.2%

Break-even resale$699/ac

Profit if resale lands off target

-20%

$181,077

-10%

$324,690

$468,303

+10%

$611,916

+20%

$755,529

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-459471 Gravel · Full utilities	1049.8	Jul 27, 2026	$1,039,800	991	1,047	7.9 mi	80
SD-839297 Gravel · Off grid	925.4	Jul 27, 2026	$801,700	866	1,264	9.3 mi	75
SD-569210 Dirt · Full utilities	868.9	May 13, 2026	$660,700	760	889	11.2 mi	73
SD-339393 Landlocked · Off grid	992.1	Nov 5, 2025	$452,600	456	1,030	9.4 mi	70
SD-309035 Gravel · Off grid	765.5	Dec 21, 2025	$478,400	625	881	7.8 mi	68
SD-918591 Landlocked · Off grid	554.9	Apr 6, 2026	$239,200	431	800	7.2 mi	67
SD-849094 Gravel · Power at road	798.9	Oct 25, 2024	$776,200	972	1,236	4.5 mi	65
SD-158753 Gravel · Off grid	624.0	Jun 18, 2024	$672,500	1,078	1,515	7.1 mi	63
SD-618408 Gravel · Full utilities	486.0	Oct 17, 2024	$365,400	752	674	2.0 mi	63

Show adjustment detail for the top comp

Tract size (1049.76 ac → 1504.71 ac)-10.6%
Access (Gravel → Paved)+18.0%

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