Lyman County, SD · Sold

SD-484353

563 County Road 281

$87,600

$3,401/ac · 25.76 ac

Offer report Market this tract

Acreage25.76 ac

Price per acre$3,401/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedJan 25, 2026

Coordinates43.7950, -99.9452

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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

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

Low risk

Wetlands10.8% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

601 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area21.83 of 25.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$83,376

$68,180 – $98,571 · $3,237/ac on 25.76 ac

Asking vs estimate

+5.1%

Priced above the comp set

Weighted from 9 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 $87,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$47,643

$1,850/ac · +30.0% target margin

You need $39,957 off asking to hit this margin.

All-in cost$51,693

Net resale$76,706

Projected profit$25,013

ROI+48.4%

Annualized+69.3%

Break-even resale$2,181/ac

Profit if resale lands off target

-20%

$9,672

-10%

$17,342

$25,013

+10%

$32,683

+20%

$40,354

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-924821 Dirt · Power at road	36.1	Nov 5, 2025	$85,700	2,372	3,156	6.9 mi	75
SD-545000 Dirt · Full utilities	41.2	Jan 30, 2025	$105,000	2,551	2,936	11.7 mi	69
SD-715805 Gravel · Full utilities	73.7	Jul 27, 2026	$213,200	2,891	3,039	15.8 mi	67
SD-444935 Dirt · Power at road	39.3	Dec 26, 2023	$98,800	2,516	3,655	12.0 mi	64
SD-525095 Paved · Off grid	44.1	Apr 15, 2024	$84,000	1,904	2,396	10.3 mi	60
SD-233624 Landlocked · Off grid	15.2	Apr 19, 2024	$28,400	1,867	3,479	17.9 mi	57
SD-492830 Gravel · Power at road	8.6	Dec 29, 2024	$21,400	2,497	2,488	11.5 mi	55
SD-752910 Paved · Off grid	9.1	Nov 8, 2023	$38,700	4,270	4,450	11.3 mi	53
SD-435990 Landlocked · Power at road	84.3	Dec 16, 2023	$148,500	1,761	3,801	16.9 mi	49

Show adjustment detail for the top comp

Tract size (36.15 ac → 25.76 ac)+5.6%
Utilities (Power at road → Full utilities)+22.0%
Market time (9 mo)+3.3%

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