← New search
Lyman County, SD · Sold

SD-233624

1404 County Road 350

$30,600
$2,014/ac · 15.19 ac
Acreage15.19 ac
Price per acre$2,014/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedMar 17, 2024
Coordinates43.9942, -99.7152
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

2 items to verify before you offer.

Risk index
34
Moderate risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,718 ft away

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

Buildable area13.71 of 15.19 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$27,990
$22,453$33,527 · $1,843/ac on 15.19 ac
Asking vs estimate
+9.3%
Priced above the comp set

Weighted from 10 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 $30,600
Maximum allowable offer
$15,994
$1,053/ac · +30.0% target margin

You need $14,606 off asking to hit this margin.

All-in cost$17,353
Net resale$25,751
Projected profit$8,397
ROI+48.4%
Annualized+69.3%
Break-even resale$1,242/ac
Profit if resale lands off target
-20%
$3,247
-10%
$5,822
0%
$8,397
+10%
$10,972
+20%
$13,547
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-432193
Dirt · Power at road
5.4Jun 21, 2026$17,6003,2602,03910.9 mi
71
SD-484353
Dirt · Full utilities
25.8Jul 27, 2026$85,5003,3191,96017.9 mi
70
SD-752910
Paved · Off grid
9.1Nov 8, 2023$38,7004,2702,6229.2 mi
67
SD-642055
Paved · Full utilities
4.9Jul 27, 2026$18,8003,8701,43311.2 mi
66
SD-492830
Gravel · Power at road
8.6Dec 29, 2024$21,4002,4971,4668.1 mi
64
SD-924821
Dirt · Power at road
36.1Nov 5, 2025$85,7002,3721,85912.2 mi
62
SD-545000
Dirt · Full utilities
41.2Jan 30, 2025$105,0002,5511,7308.0 mi
59
SD-525095
Paved · Off grid
44.1Apr 15, 2024$84,0001,9041,4127.8 mi
58
SD-444935
Dirt · Power at road
39.3Dec 26, 2023$98,8002,5162,1549.0 mi
55
SD-841962
Paved · Off grid
4.6Jul 8, 2024$13,1002,8791,65712.3 mi
54
Show adjustment detail for the top comp
  • Tract size (5.39 ac → 15.19 ac)-7.5%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (2 mo)+0.6%

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.