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Fall River County, SD · Sold

SD-186957

5826 County Road 196

$271,600
$1,599/ac · 170 ac
Acreage170 ac
Price per acre$1,599/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 29, 2024
Coordinates43.2209, -103.6340
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

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

View Fall River market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
16
Low risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,998 ft of deeded road frontage.

Power1,916 ft away

Service extension needed; get a utility quote.

Buildable area137.66 of 169.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,877
$238,063$321,692 · $1,648/ac on 170 ac
Asking vs estimate
-3.0%
In line with the comp set

Weighted from 6 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 $271,600
Maximum allowable offer
$159,930
$941/ac · +30.0% target margin

You need $111,670 off asking to hit this margin.

All-in cost$173,524
Net resale$257,487
Projected profit$83,963
ROI+48.4%
Annualized+69.2%
Break-even resale$1,110/ac
Profit if resale lands off target
-20%
$32,466
-10%
$58,214
0%
$83,963
+10%
$109,712
+20%
$135,461
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-196060
Dirt · Full utilities
88.7Aug 29, 2024$253,2002,8541,8228.5 mi
69
SD-737646
Gravel · Off grid
279.9Jul 27, 2025$378,6001,3531,39813.8 mi
66
SD-338867
Gravel · Full utilities
677.7Jan 15, 2026$1,381,1002,0381,8755.5 mi
62
SD-588608
Paved · Power at road
561.8Dec 27, 2025$1,171,3002,0851,8779.7 mi
62
SD-363691
Gravel · Power at road
15.9Jul 27, 2026$43,2002,7111,2416.2 mi
61
SD-743922
Gravel · Off grid
18.9Oct 26, 2024$53,3002,8271,6667.9 mi
56
Show adjustment detail for the top comp
  • Tract size (88.7 ac → 169.88 ac)-15.4%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (24 mo)+8.2%

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.