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Gregory County, SD · Sold

SD-269013

8582 County Road 182

$929,400
$1,234/ac · 753 ac
Acreage753 ac
Price per acre$1,234/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedSep 19, 2024
Coordinates43.2298, -99.1198
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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
61
High risk
Wetlands35.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.4%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area460.90 of 753.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,154,897
$958,992$1,350,802 · $1,533/ac on 753 ac
Asking vs estimate
-19.5%
Priced below the comp set

Weighted from 5 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 $929,400
Maximum allowable offer
$659,941
$876/ac · +30.0% target margin

You need $269,459 off asking to hit this margin.

All-in cost$716,036
Net resale$1,062,505
Projected profit$346,469
ROI+48.4%
Annualized+69.2%
Break-even resale$1,033/ac
Profit if resale lands off target
-20%
$133,968
-10%
$240,219
0%
$346,469
+10%
$452,720
+20%
$558,970
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-128354
Paved · Power at road
467.4Jul 27, 2026$987,6002,1131,28711.6 mi
74
SD-148423
Landlocked · Off grid
491.3Feb 9, 2024$614,9001,2511,7433.6 mi
69
SD-138274
Dirt · Full utilities
441.1Sep 15, 2025$1,144,2002,5941,81013.6 mi
67
SD-819966
Gravel · Full utilities
1502.5Dec 24, 2023$1,860,8001,2381,1605.7 mi
62
SD-569893
Gravel · Power at road
1425.1Sep 7, 2024$2,177,5001,5281,67111.5 mi
60
Show adjustment detail for the top comp
  • Tract size (467.38 ac → 753.35 ac)-13.5%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Full utilities)+22.0%

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.