← New search
Dewey County, SD · Sold

SD-295163

3312 County Road 240

$81,900
$1,768/ac · 46.32 ac
Acreage46.32 ac
Price per acre$1,768/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedSep 29, 2024
Coordinates45.2478, -100.8360
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

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

View Dewey market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
30
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope23.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,611 ft of deeded road frontage.

Power10,834 ft away

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

Buildable area27.12 of 46.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$74,871
$65,112$84,630 · $1,616/ac on 46.32 ac
Asking vs estimate
+9.4%
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 $81,900
Maximum allowable offer
$42,783
$924/ac · +30.0% target margin

You need $39,117 off asking to hit this margin.

All-in cost$46,420
Net resale$68,881
Projected profit$22,462
ROI+48.4%
Annualized+69.3%
Break-even resale$1,089/ac
Profit if resale lands off target
-20%
$8,685
-10%
$15,574
0%
$22,462
+10%
$29,350
+20%
$36,238
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-666459
Dirt · Power at road
118.4Jul 11, 2026$180,7001,5261,61114.4 mi
73
SD-264843
Gravel · Off grid
36.7Mar 4, 2025$81,0002,2061,9286.5 mi
73
SD-655857
Gravel · Full utilities
76.6Sep 16, 2024$152,8001,9951,4370.9 mi
69
SD-554402
Paved · Off grid
26.7Nov 2, 2024$59,5002,2301,5885.4 mi
68
SD-116798
Gravel · Off grid
151.4May 13, 2025$240,6001,5891,8987.1 mi
65
SD-884256
Gravel · Full utilities
24.0Nov 8, 2024$60,8002,5331,46011.4 mi
61
SD-513434
Paved · Power at road
13.2Mar 26, 2025$32,3002,4391,3333.9 mi
60
Show adjustment detail for the top comp
  • Tract size (118.43 ac → 46.32 ac)+23.7%
  • 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.