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Gregory County, SD · Sold

SD-322529

397 County Road 192

$45,500
$6,623/ac · 6.87 ac
Acreage6.87 ac
Price per acre$6,623/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedOct 21, 2025
Coordinates43.1415, -99.3201
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

624 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area5.89 of 6.87 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,438
$42,662$62,214 · $7,633/ac on 6.87 ac
Asking vs estimate
-13.2%
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 $45,500
Maximum allowable offer
$29,964
$4,362/ac · +30.0% target margin

You need $15,536 off asking to hit this margin.

All-in cost$32,511
Net resale$48,243
Projected profit$15,732
ROI+48.4%
Annualized+69.3%
Break-even resale$5,144/ac
Profit if resale lands off target
-20%
$6,083
-10%
$10,908
0%
$15,732
+10%
$20,556
+20%
$25,380
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-322098
Gravel · Off grid
5.0Jul 27, 2026$16,3003,2455,4189.1 mi
78
SD-842536
Gravel · Full utilities
6.9Nov 16, 2024$33,9004,9116,2222.9 mi
78
SD-912751
Dirt · Power at road
8.1Jun 19, 2026$39,1004,8508,25711.8 mi
78
SD-871511
Dirt · Off grid
3.3Jul 27, 2026$10,6003,2206,1511.9 mi
76
SD-702736
Gravel · Power at road
8.0Jun 8, 2025$43,6005,4698,3456.0 mi
74
SD-783221
Dirt · Off grid
11.3Jul 6, 2026$58,8005,18910,64810.7 mi
73
SD-862713
Gravel · Power at road
7.8Mar 24, 2025$43,0005,4788,4186.0 mi
73
SD-832874
Landlocked · Off grid
8.8Dec 1, 2024$23,8002,7037,3349.1 mi
72
SD-912397
Dirt · Off grid
6.2Jun 14, 2024$23,2003,7167,9427.6 mi
70
SD-733899
Dirt · Off grid
18.5Jul 27, 2026$67,8003,6577,8818.0 mi
69
Show adjustment detail for the top comp
  • Tract size (5.03 ac → 6.87 ac)-1.6%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.