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Haakon County, SD · Sold

SD-796471

5941 County Road 87

$280,000
$2,344/ac · 119 ac
Acreage119 ac
Price per acre$2,344/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedNov 8, 2024
Coordinates44.1880, -101.6205
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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

Haakon County, South Dakota. West River grazing and Black Hills recreational parcels.

View Haakon market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,156 ft away

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

Buildable area99.99 of 119.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$272,764
$237,772$307,757 · $2,283/ac on 119 ac
Asking vs estimate
+2.7%
In line with the comp set

Weighted from 7 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 $280,000
Maximum allowable offer
$155,865
$1,305/ac · +30.0% target margin

You need $124,135 off asking to hit this margin.

All-in cost$169,114
Net resale$250,943
Projected profit$81,829
ROI+48.4%
Annualized+69.3%
Break-even resale$1,539/ac
Profit if resale lands off target
-20%
$31,641
-10%
$56,735
0%
$81,829
+10%
$106,924
+20%
$132,018
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-126684
Gravel · Power at road
139.4Jun 1, 2026$307,9002,2092,3266.2 mi
81
SD-256550
Dirt · Full utilities
126.5Nov 10, 2024$257,6002,0362,1214.5 mi
74
SD-946434
Landlocked · Power at road
116.3Jan 27, 2024$181,0001,5572,5254.8 mi
72
SD-285807
Dirt · Power at road
73.8Jul 27, 2026$179,4002,4292,52716.2 mi
71
SD-626871
Gravel · Power at road
159.6Jun 1, 2025$306,6001,9212,18415.1 mi
66
SD-477401
Landlocked · Power at road
234.3Sep 28, 2024$317,4001,3542,5872.0 mi
65
SD-447651
Dirt · Off grid
280.9Nov 29, 2024$249,3008881,6506.5 mi
63
Show adjustment detail for the top comp
  • Tract size (139.4 ac → 119.47 ac)+4.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.9%

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.