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Dewey County, SD · Sold

SD-887511

1871 County Road 165

$156,700
$617/ac · 254 ac
Acreage254 ac
Price per acre$617/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMay 24, 2025
Coordinates45.1886, -100.7799
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

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands7.5% of tract

Little to no mapped wetland coverage.

Average slope5.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,774 ft away

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

Buildable area223.01 of 253.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$193,423
$140,599$246,246 · $762/ac on 254 ac
Asking vs estimate
-19.0%
Priced below 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 $156,700
Maximum allowable offer
$110,527
$436/ac · +30.0% target margin

You need $46,173 off asking to hit this margin.

All-in cost$119,922
Net resale$177,949
Projected profit$58,027
ROI+48.4%
Annualized+69.3%
Break-even resale$514/ac
Profit if resale lands off target
-20%
$22,437
-10%
$40,232
0%
$58,027
+10%
$75,822
+20%
$93,617
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-376945
Landlocked · Power at road
168.4Jul 27, 2026$143,1008506463.3 mi
82
SD-918591
Landlocked · Off grid
554.9Apr 6, 2026$239,2004315527.0 mi
78
SD-567265
Dirt · Power at road
212.3Jun 1, 2025$343,0001,6151,0848.0 mi
72
SD-116798
Gravel · Off grid
151.4May 13, 2025$240,6001,5899864.2 mi
70
SD-666459
Dirt · Power at road
118.4Jul 11, 2026$180,7001,52683710.1 mi
70
SD-309035
Gravel · Off grid
765.5Dec 21, 2025$478,4006256077.2 mi
70
SD-569210
Dirt · Full utilities
868.9May 13, 2026$660,70076061210.6 mi
68
SD-618408
Gravel · Full utilities
486.0Oct 17, 2024$365,4007524641.4 mi
66
SD-849094
Gravel · Power at road
798.9Oct 25, 2024$776,2009728514.4 mi
63
SD-158753
Gravel · Off grid
624.0Jun 18, 2024$672,5001,0781,0446.9 mi
60
Show adjustment detail for the top comp
  • Tract size (168.41 ac → 253.78 ac)-10.8%
  • Utilities (Power at road → Off grid)-15.0%

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.