Dewey County, SD · Sold

SD-116798

3219 County Road 140

$236,800

$1,564/ac · 151 ac

Offer report Market this tract

Acreage151 ac

Price per acre$1,564/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedJul 20, 2024

Coordinates45.1448, -100.8406

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

Low risk

Wetlands18.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,868 ft of deeded road frontage.

Power3,792 ft away

Service extension needed; get a utility quote.

Buildable area116.65 of 151.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$192,562

$145,164 – $239,960 · $1,272/ac on 151 ac

Asking vs estimate

+23.0%

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 $236,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$110,035

$727/ac · +30.0% target margin

You need $126,765 off asking to hit this margin.

All-in cost$119,388

Net resale$177,157

Projected profit$57,769

ROI+48.4%

Annualized+69.3%

Break-even resale$857/ac

Profit if resale lands off target

-20%

$22,338

-10%

$40,053

$57,769

+10%

$75,485

+20%

$93,200

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-376945 Landlocked · Power at road	168.4	Jul 27, 2026	$143,100	850	1,096	1.4 mi	86
SD-666459 Dirt · Power at road	118.4	Jul 11, 2026	$180,700	1,526	1,420	7.5 mi	84
SD-887511 Landlocked · Off grid	253.8	May 9, 2026	$148,900	587	1,007	4.2 mi	77
SD-567265 Dirt · Power at road	212.3	Jun 1, 2025	$343,000	1,615	1,840	4.1 mi	72
SD-295163 Dirt · Off grid	46.3	Oct 24, 2025	$74,300	1,604	1,462	7.1 mi	68
SD-655857 Gravel · Full utilities	76.6	Sep 16, 2024	$152,800	1,995	1,267	7.9 mi	64
SD-618408 Gravel · Full utilities	486.0	Oct 17, 2024	$365,400	752	788	2.9 mi	63

Show adjustment detail for the top comp

Tract size (168.41 ac → 151.4 ac)+2.9%
Access (Landlocked → Gravel)+47.1%
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.

Build the listing kit Post a deal or JV