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Gregory County, SD · Sold

SD-842536

690 County Road 209

$40,400
$5,847/ac · 6.91 ac
Acreage6.91 ac
Price per acre$5,847/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedNov 16, 2023
Coordinates43.1688, -99.2767
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
9
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

472 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area6.24 of 6.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$44,735
$35,828$53,641 · $6,474/ac on 6.91 ac
Asking vs estimate
-9.7%
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 $40,400
Maximum allowable offer
$25,563
$3,699/ac · +30.0% target margin

You need $14,837 off asking to hit this margin.

All-in cost$27,736
Net resale$41,156
Projected profit$13,420
ROI+48.4%
Annualized+69.2%
Break-even resale$4,363/ac
Profit if resale lands off target
-20%
$5,189
-10%
$9,304
0%
$13,420
+10%
$17,535
+20%
$21,651
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-322529
Paved · Full utilities
6.9May 14, 2026$37,8005,4974,7072.9 mi
87
SD-322098
Gravel · Off grid
5.0Jul 27, 2026$16,3003,2454,5906.2 mi
87
SD-912751
Dirt · Power at road
8.1Jun 19, 2026$39,1004,8506,9958.9 mi
84
SD-862713
Gravel · Power at road
7.8Mar 24, 2025$43,0005,4787,1323.1 mi
83
SD-702736
Gravel · Power at road
8.0Jun 8, 2025$43,6005,4697,0703.4 mi
83
SD-871511
Dirt · Off grid
3.3Jul 27, 2026$10,6003,2205,2111.1 mi
77
SD-783221
Dirt · Off grid
11.3Jul 6, 2026$58,8005,1899,0217.9 mi
76
SD-501232
Gravel · Full utilities
2.7Apr 10, 2026$19,4007,2287,0547.7 mi
72
SD-912397
Dirt · Off grid
6.2Jun 14, 2024$23,2003,7166,7295.7 mi
71
SD-733899
Dirt · Off grid
18.5Jul 27, 2026$67,8003,6576,6775.4 mi
71
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • 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.