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Dewey County, SD · Sold

SD-376945

2350 County Road 172

$135,400
$804/ac · 168 ac
Acreage168 ac
Price per acre$804/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedJul 20, 2026
Coordinates45.1471, -100.8130
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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

4 items to verify before you offer.

Risk index
62
High risk
Wetlands36.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power15 ft away

Power at or near the road.

Buildable area101.59 of 168.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$170,147
$122,689$217,604 · $1,010/ac on 168 ac
Asking vs estimate
-20.4%
Priced below 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 $135,400
Maximum allowable offer
$97,227
$577/ac · +30.0% target margin

You need $38,173 off asking to hit this margin.

All-in cost$105,491
Net resale$156,535
Projected profit$51,044
ROI+48.4%
Annualized+69.2%
Break-even resale$681/ac
Profit if resale lands off target
-20%
$19,737
-10%
$35,390
0%
$51,044
+10%
$66,697
+20%
$82,351
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-887511
Landlocked · Off grid
253.8May 9, 2026$148,9005877833.3 mi
80
SD-666459
Dirt · Power at road
118.4Jul 11, 2026$180,7001,5261,1047.3 mi
80
SD-567265
Dirt · Power at road
212.3Jun 1, 2025$343,0001,6151,4314.7 mi
80
SD-116798
Gravel · Off grid
151.4May 13, 2025$240,6001,5891,3011.4 mi
78
SD-918591
Landlocked · Off grid
554.9Apr 6, 2026$239,2004317286.6 mi
68
SD-655857
Gravel · Full utilities
76.6Sep 16, 2024$152,8001,9959857.8 mi
64
SD-618408
Gravel · Full utilities
486.0Oct 17, 2024$365,4007526131.9 mi
61
Show adjustment detail for the top comp
  • Tract size (253.78 ac → 168.41 ac)+12.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (3 mo)+1.1%

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.