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Dewey County, SD · Sold

SD-309035

1592 County Road 122

$459,100
$600/ac · 765 ac
Acreage765 ac
Price per acre$600/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJun 18, 2025
Coordinates45.0838, -100.7861
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

5 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands39.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,058 ft away

Service extension needed; get a utility quote.

Buildable area438.49 of 765.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$572,326
$440,933$703,719 · $748/ac on 765 ac
Asking vs estimate
-19.8%
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 $459,100
Maximum allowable offer
$327,043
$427/ac · +30.0% target margin

You need $132,057 off asking to hit this margin.

All-in cost$354,842
Net resale$526,540
Projected profit$171,698
ROI+48.4%
Annualized+69.3%
Break-even resale$504/ac
Profit if resale lands off target
-20%
$66,390
-10%
$119,044
0%
$171,698
+10%
$224,352
+20%
$277,006
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-569210
Dirt · Full utilities
868.9May 13, 2026$660,7007606485.3 mi
86
SD-459471
Gravel · Full utilities
1049.8Jul 27, 2026$1,039,80099176310.2 mi
84
SD-839297
Gravel · Off grid
925.4Jul 27, 2026$801,70086692112.6 mi
83
SD-849094
Gravel · Power at road
798.9Oct 25, 2024$776,2009729005.9 mi
80
SD-918591
Landlocked · Off grid
554.9Apr 6, 2026$239,20043158310.7 mi
80
SD-339393
Landlocked · Off grid
992.1Nov 5, 2025$452,6004567517.8 mi
76
SD-887511
Landlocked · Off grid
253.8May 9, 2026$148,9005876277.2 mi
73
SD-158753
Gravel · Off grid
624.0Jun 18, 2024$672,5001,0781,10410.8 mi
71
SD-618408
Gravel · Full utilities
486.0Oct 17, 2024$365,4007524916.0 mi
69
SD-759968
Paved · Full utilities
1504.7Aug 29, 2024$1,261,1008386617.8 mi
61
Show adjustment detail for the top comp
  • Tract size (868.91 ac → 765.45 ac)+4.0%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Full utilities → Off grid)-30.3%
  • 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.