Edmunds County, SD · Sold

SD-289935

8675 County Road 203

$1,222,500

$832/ac · 1,469 ac

Offer report Market this tract

Acreage1,469 ac

Price per acre$832/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedJul 12, 2026

Coordinates45.3968, -99.0845

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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

Edmunds County, South Dakota. West River grazing and Black Hills recreational parcels.

View Edmunds market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope20.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,435 ft of deeded road frontage.

Power55 ft away

Power at or near the road.

Buildable area1108.34 of 1469.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,542,345

$1,256,247 – $1,828,443 · $1,050/ac on 1,469 ac

Asking vs estimate

-20.7%

Priced below the comp set

Weighted from 8 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 $1,222,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$881,340

$600/ac · +30.0% target margin

You need $341,160 off asking to hit this margin.

All-in cost$956,254

Net resale$1,418,958

Projected profit$462,704

ROI+48.4%

Annualized+69.2%

Break-even resale$707/ac

Profit if resale lands off target

-20%

$178,912

-10%

$320,808

$462,704

+10%

$604,599

+20%

$746,495

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-579854 Gravel · Power at road	1385.4	Jul 27, 2026	$1,324,400	956	809	5.4 mi	92
SD-699555 Gravel · Off grid	1115.6	Jul 27, 2026	$1,329,300	1,192	1,109	2.6 mi	87
SD-569582 Paved · Power at road	1137.7	May 28, 2026	$1,861,400	1,636	1,111	3.4 mi	83
SD-408155 Dirt · Power at road	404.6	Dec 18, 2024	$383,200	947	682	3.8 mi	63
SD-528140 Gravel · Power at road	400.3	Apr 17, 2025	$733,500	1,832	1,116	5.5 mi	60
SD-567765 Landlocked · Off grid	305.0	Aug 8, 2024	$385,000	1,262	1,261	6.6 mi	58
SD-567646 Dirt · Power at road	279.9	Jun 14, 2024	$540,200	1,930	1,272	12.2 mi	54
SD-957740 Landlocked · Off grid	299.6	Dec 15, 2024	$359,900	1,202	1,178	7.8 mi	53

Show adjustment detail for the top comp

Tract size (1385.44 ac → 1469.17 ac)-1.8%
Access (Gravel → Dirt)-14.0%

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