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Harding County, SD · Sold

SD-617352

2231 County Road 167

$189,500
$838/ac · 226 ac
Acreage226 ac
Price per acre$838/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedNov 2, 2023
Coordinates45.6361, -103.4426
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

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

View Harding market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
24
Low risk
Wetlands13.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

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.

Power2,700 ft away

Service extension needed; get a utility quote.

Buildable area186.50 of 226.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$225,153
$172,902$277,405 · $996/ac on 226 ac
Asking vs estimate
-15.8%
Priced below 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 $189,500
Maximum allowable offer
$128,659
$569/ac · +30.0% target margin

You need $60,841 off asking to hit this margin.

All-in cost$139,595
Net resale$207,141
Projected profit$67,546
ROI+48.4%
Annualized+69.2%
Break-even resale$671/ac
Profit if resale lands off target
-20%
$26,118
-10%
$46,832
0%
$67,546
+10%
$88,260
+20%
$108,974
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-477519
Gravel · Power at road
255.3Apr 7, 2026$252,2009887597.9 mi
79
SD-416545
Gravel · Off grid
126.0Nov 18, 2025$168,2001,3341,0103.3 mi
78
SD-586255
Paved · Off grid
102.2Jul 27, 2026$138,6001,3568027.4 mi
78
SD-238007
Landlocked · Off grid
363.5Jul 27, 2026$201,70055580711.8 mi
76
SD-136492
Landlocked · Off grid
121.3May 31, 2025$124,2001,0241,1501.2 mi
71
SD-219023
Gravel · Off grid
758.8Jul 27, 2026$643,4008481,0476.5 mi
70
SD-497857
Gravel · Full utilities
326.1Mar 9, 2025$684,4002,0991,4829.8 mi
67
Show adjustment detail for the top comp
  • Tract size (255.25 ac → 226.17 ac)+3.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (4 mo)+1.5%

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.