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Dewey County, SD · Sold

SD-183079

1956 County Road 3

$29,900
$2,923/ac · 10.23 ac
Acreage10.23 ac
Price per acre$2,923/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedSep 16, 2023
Coordinates45.1817, -100.7082
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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands13.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power243 ft away

Power at or near the road.

Buildable area8.45 of 10.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$25,896
$21,717$30,075 · $2,531/ac on 10.23 ac
Asking vs estimate
+15.5%
Priced above 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 $29,900
Maximum allowable offer
$14,798
$1,447/ac · +30.0% target margin

You need $15,102 off asking to hit this margin.

All-in cost$16,056
Net resale$23,824
Projected profit$7,769
ROI+48.4%
Annualized+69.2%
Break-even resale$1,706/ac
Profit if resale lands off target
-20%
$3,004
-10%
$5,386
0%
$7,769
+10%
$10,151
+20%
$12,533
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-513434
Paved · Power at road
13.2Mar 26, 2025$32,3002,4392,6415.4 mi
77
SD-103318
Gravel · Off grid
12.2Nov 15, 2025$20,0001,6392,3838.9 mi
74
SD-632793
Gravel · Off grid
8.3Sep 28, 2025$12,0001,4442,0479.3 mi
73
SD-901976
Dirt · Full utilities
4.6Jul 27, 2026$8,3001,8091,9437.1 mi
73
SD-521797
Paved · Full utilities
4.0Oct 30, 2025$10,9002,6922,1613.1 mi
70
SD-351950
Dirt · Power at road
4.5Mar 21, 2025$9,7002,1422,96312.5 mi
65
SD-462237
Landlocked · Power at road
5.6Nov 1, 2024$7,3001,3112,3527.9 mi
65
SD-554402
Paved · Off grid
26.7Nov 2, 2024$59,5002,2303,1475.5 mi
63
SD-241939
Gravel · Full utilities
4.5Apr 3, 2024$13,3002,9632,9998.3 mi
62
SD-884256
Gravel · Full utilities
24.0Nov 8, 2024$60,8002,5332,89213.0 mi
61
Show adjustment detail for the top comp
  • Tract size (13.24 ac → 10.23 ac)+2.3%
  • Market time (17 mo)+5.8%

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.