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Gregory County, SD · Sold

SD-832874

7048 County Road 111

$27,400
$3,107/ac · 8.82 ac
Acreage8.82 ac
Price per acre$3,107/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJan 6, 2024
Coordinates43.1189, -99.1429
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

2 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,248 ft away

A long utility run — price in solar/off-grid instead.

Buildable area7.79 of 8.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,404
$21,538$33,270 · $3,107/ac on 8.82 ac
Asking vs estimate
-0.0%
In line with 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 $27,400
Maximum allowable offer
$15,659
$1,775/ac · +30.0% target margin

You need $11,741 off asking to hit this margin.

All-in cost$16,990
Net resale$25,212
Projected profit$8,222
ROI+48.4%
Annualized+69.3%
Break-even resale$2,094/ac
Profit if resale lands off target
-20%
$3,179
-10%
$5,701
0%
$8,222
+10%
$10,743
+20%
$13,264
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-322529
Paved · Full utilities
6.9May 14, 2026$37,8005,4972,1949.1 mi
81
SD-912751
Dirt · Power at road
8.1Jun 19, 2026$39,1004,8503,2619.3 mi
81
SD-783221
Dirt · Off grid
11.3Jul 6, 2026$58,8005,1894,2059.9 mi
80
SD-322098
Gravel · Off grid
5.0Jul 27, 2026$16,3003,2452,1407.0 mi
77
SD-702736
Gravel · Power at road
8.0Jun 8, 2025$43,6005,4693,2964.9 mi
76
SD-733899
Dirt · Off grid
18.5Jul 27, 2026$67,8003,6573,1139.8 mi
73
SD-862713
Gravel · Power at road
7.8Mar 24, 2025$43,0005,4783,3257.1 mi
73
SD-743328
Dirt · Off grid
12.3Dec 20, 2024$56,4004,6003,9973.8 mi
72
SD-871511
Dirt · Off grid
3.3Jul 27, 2026$10,6003,2202,4297.7 mi
71
SD-912397
Dirt · Off grid
6.2Jun 14, 2024$23,2003,7163,1372.0 mi
71
Show adjustment detail for the top comp
  • Tract size (6.87 ac → 8.82 ac)-1.6%
  • Access (Paved → Landlocked)-42.4%
  • 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.