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Gregory County, SD · Sold

SD-367144

4023 County Road 53

$437,700
$2,250/ac · 195 ac
Acreage195 ac
Price per acre$2,250/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJul 4, 2025
Coordinates43.2588, -99.2267
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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

4 items to verify before you offer.

Risk index
21
Low risk
Wetlands16.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,387 ft of deeded road frontage.

Power5,780 ft away

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

Buildable area154.68 of 194.53 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$389,745
$333,451$446,040 · $2,004/ac on 195 ac
Asking vs estimate
+12.3%
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 $437,700
Maximum allowable offer
$222,712
$1,145/ac · +30.0% target margin

You need $214,988 off asking to hit this margin.

All-in cost$241,643
Net resale$358,566
Projected profit$116,923
ROI+48.4%
Annualized+69.2%
Break-even resale$1,350/ac
Profit if resale lands off target
-20%
$45,210
-10%
$81,067
0%
$116,923
+10%
$152,780
+20%
$188,636
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-746356
Dirt · Power at road
109.9Sep 14, 2025$243,3002,2131,6807.6 mi
70
SD-138274
Dirt · Full utilities
441.1Sep 15, 2025$1,144,2002,5942,37912.7 mi
69
SD-128354
Paved · Power at road
467.4Jul 27, 2026$987,6002,1131,69212.1 mi
68
SD-395102
Dirt · Power at road
44.3Jul 27, 2026$161,5003,6442,1798.2 mi
67
SD-148423
Landlocked · Off grid
491.3Feb 9, 2024$614,9001,2512,2913.1 mi
62
SD-269013
Landlocked · Full utilities
753.4Jun 24, 2025$989,8001,3141,8105.7 mi
59
Show adjustment detail for the top comp
  • Tract size (109.92 ac → 194.53 ac)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (11 mo)+3.9%

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.