Haakon County, SD · Sold

SD-126684

5386 County Road 38

$301,900

$2,166/ac · 139 ac

Offer report Market this tract

Acreage139 ac

Price per acre$2,166/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedOct 21, 2025

Coordinates44.1912, -101.4961

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,359 ft of deeded road frontage.

Power102 ft away

Power at or near the road.

Buildable area118.26 of 139.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$310,687

$268,136 – $353,237 · $2,229/ac on 139 ac

Asking vs estimate

-2.8%

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 $301,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$177,535

$1,274/ac · +30.0% target margin

You need $124,365 off asking to hit this margin.

All-in cost$192,625

Net resale$285,832

Projected profit$93,206

ROI+48.4%

Annualized+69.3%

Break-even resale$1,502/ac

Profit if resale lands off target

-20%

$36,040

-10%

$64,623

$93,206

+10%

$121,789

+20%

$150,372

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-796471 Paved · Off grid	119.5	Oct 11, 2025	$301,800	2,526	2,506	6.2 mi	76
SD-946434 Landlocked · Power at road	116.3	Jan 27, 2024	$181,000	1,557	2,418	5.5 mi	75
SD-626871 Gravel · Power at road	159.6	Jun 1, 2025	$306,600	1,921	2,092	13.0 mi	75
SD-285807 Dirt · Power at road	73.8	Jul 27, 2026	$179,400	2,429	2,420	14.0 mi	72
SD-256550 Dirt · Full utilities	126.5	Nov 10, 2024	$257,600	2,036	2,032	8.4 mi	71
SD-477401 Landlocked · Power at road	234.3	Sep 28, 2024	$317,400	1,354	2,478	4.5 mi	68
SD-447651 Dirt · Off grid	280.9	Nov 29, 2024	$249,300	888	1,580	3.2 mi	65

Show adjustment detail for the top comp

Tract size (119.47 ac → 139.4 ac)-3.9%
Access (Paved → Gravel)-15.3%
Utilities (Off grid → Power at road)+17.6%
Market time (10 mo)+3.5%

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.

Build the listing kit Post a deal or JV