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Gregory County, SD · Sold

SD-138274

2087 County Road 123

$1,174,700
$2,663/ac · 441 ac
Acreage441 ac
Price per acre$2,663/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedDec 15, 2024
Coordinates43.0835, -99.3013
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

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

View Gregory market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope14.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area340.15 of 441.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$975,443
$829,075$1,121,812 · $2,212/ac on 441 ac
Asking vs estimate
+20.4%
Priced above 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 $1,174,700
Maximum allowable offer
$557,396
$1,264/ac · +30.0% target margin

You need $617,304 off asking to hit this margin.

All-in cost$604,775
Net resale$897,408
Projected profit$292,633
ROI+48.4%
Annualized+69.2%
Break-even resale$1,490/ac
Profit if resale lands off target
-20%
$113,152
-10%
$202,892
0%
$292,633
+10%
$382,374
+20%
$472,115
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-128354
Paved · Power at road
467.4Jul 27, 2026$987,6002,1131,9163.3 mi
86
SD-367144
Dirt · Off grid
194.5Feb 23, 2026$426,8002,1942,53412.7 mi
72
SD-148423
Landlocked · Off grid
491.3Feb 9, 2024$614,9001,2512,59511.1 mi
67
SD-269013
Landlocked · Full utilities
753.4Jun 24, 2025$989,8001,3142,04913.6 mi
65
SD-819966
Gravel · Full utilities
1502.5Dec 24, 2023$1,860,8001,2381,7268.4 mi
59
SD-569893
Gravel · Power at road
1425.1Sep 7, 2024$2,177,5001,5282,4873.4 mi
59
Show adjustment detail for the top comp
  • Tract size (467.38 ac → 441.06 ac)+1.8%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%

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.