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Gregory County, SD · Sold

SD-704413

612 County Road 348

$94,000
$3,494/ac · 26.90 ac
Acreage26.90 ac
Price per acre$3,494/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedNov 7, 2023
Coordinates43.2489, -99.2997
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
14
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope15.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

634 ft of deeded road frontage.

Power1,874 ft away

Service extension needed; get a utility quote.

Buildable area21.18 of 26.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$119,852
$104,864$134,841 · $4,455/ac on 26.90 ac
Asking vs estimate
-21.6%
Priced below the comp set

Weighted from 9 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 $94,000
Maximum allowable offer
$68,487
$2,546/ac · +30.0% target margin

You need $25,513 off asking to hit this margin.

All-in cost$74,308
Net resale$110,264
Projected profit$35,956
ROI+48.4%
Annualized+69.3%
Break-even resale$3,003/ac
Profit if resale lands off target
-20%
$13,903
-10%
$24,929
0%
$35,956
+10%
$46,982
+20%
$58,009
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-733899
Dirt · Off grid
18.5Jul 27, 2026$67,8003,6574,0503.0 mi
83
SD-395102
Dirt · Power at road
44.3Jul 27, 2026$161,5003,6443,9329.8 mi
74
SD-783221
Dirt · Off grid
11.3Jul 6, 2026$58,8005,1895,4725.9 mi
73
SD-912751
Dirt · Power at road
8.1Jun 19, 2026$39,1004,8504,2437.8 mi
66
SD-953881
Dirt · Full utilities
18.3Oct 15, 2024$107,2005,8594,8518.0 mi
66
SD-743328
Dirt · Off grid
12.3Dec 20, 2024$56,4004,6005,2018.3 mi
63
SD-862713
Gravel · Power at road
7.8Mar 24, 2025$43,0005,4784,3264.9 mi
62
SD-702736
Gravel · Power at road
8.0Jun 8, 2025$43,6005,4694,2897.0 mi
62
SD-832874
Landlocked · Off grid
8.8Dec 1, 2024$23,8002,7033,76912.0 mi
61
Show adjustment detail for the top comp
  • Tract size (18.54 ac → 26.9 ac)-5.0%
  • Access (Dirt → Gravel)+16.3%

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.