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Lyman County, SD · Sold

SD-799833

9013 County Road 122

$1,649,500
$1,209/ac · 1,365 ac
Acreage1,365 ac
Price per acre$1,209/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedNov 27, 2024
Coordinates43.8472, -99.9514
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

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

View Lyman market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope15.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,162 ft away

Service extension needed; get a utility quote.

Buildable area1037.04 of 1364.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,756,858
$1,333,934$2,179,783 · $1,288/ac on 1,365 ac
Asking vs estimate
-6.1%
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 $1,649,500
Maximum allowable offer
$1,003,919
$736/ac · +30.0% target margin

You need $645,581 off asking to hit this margin.

All-in cost$1,089,252
Net resale$1,616,310
Projected profit$527,058
ROI+48.4%
Annualized+69.2%
Break-even resale$868/ac
Profit if resale lands off target
-20%
$203,796
-10%
$365,427
0%
$527,058
+10%
$688,688
+20%
$850,319
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-829912
Gravel · Full utilities
1444.9Jun 13, 2026$2,327,3001,6111,3587.2 mi
82
SD-619355
Landlocked · Full utilities
965.1Jul 27, 2026$830,00086093514.0 mi
75
SD-997788
Paved · Power at road
310.2Nov 30, 2025$468,9001,5128427.1 mi
67
SD-859314
Paved · Power at road
936.9Jul 7, 2024$1,803,5001,9251,58411.2 mi
66
SD-317671
Paved · Power at road
285.0Oct 25, 2024$764,1002,6811,5234.6 mi
62
SD-168559
Gravel · Off grid
542.2May 30, 2024$648,6001,1961,1606.5 mi
61
SD-827727
Dirt · Power at road
296.8Aug 17, 2024$658,3002,2181,76312.5 mi
50
Show adjustment detail for the top comp
  • Tract size (1444.89 ac → 1364.52 ac)+1.8%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (2 mo)+0.7%

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.