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Lyman County, SD · Sold

SD-151893

2345 County Road 232

$10,000
$2,309/ac · 4.33 ac
Acreage4.33 ac
Price per acre$2,309/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedNov 22, 2024
Coordinates43.9982, -99.9506
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

3 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope23.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power30 ft away

Power at or near the road.

Buildable area2.55 of 4.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$10,827
$8,099$13,554 · $2,500/ac on 4.33 ac
Asking vs estimate
-7.6%
Priced below the comp set

Weighted from 6 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 $10,000
Maximum allowable offer
$6,187
$1,429/ac · +30.0% target margin

You need $3,813 off asking to hit this margin.

All-in cost$6,713
Net resale$9,960
Projected profit$3,247
ROI+48.4%
Annualized+69.2%
Break-even resale$1,685/ac
Profit if resale lands off target
-20%
$1,255
-10%
$2,251
0%
$3,247
+10%
$4,244
+20%
$5,240
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-432193
Dirt · Power at road
5.4Jun 21, 2026$17,6003,2602,6204.1 mi
84
SD-642055
Paved · Full utilities
4.9Jul 27, 2026$18,8003,8701,8418.9 mi
81
SD-841962
Paved · Off grid
4.6Jul 8, 2024$13,1002,8792,12915.6 mi
67
SD-492830
Gravel · Power at road
8.6Dec 29, 2024$21,4002,4971,8835.2 mi
66
SD-631586
Gravel · Full utilities
3.5Jan 3, 2024$19,2005,5353,39712.8 mi
64
SD-752910
Paved · Off grid
9.1Nov 8, 2023$38,7004,2703,3684.3 mi
60
Show adjustment detail for the top comp
  • Tract size (5.39 ac → 4.33 ac)+1.0%
  • Access (Dirt → Landlocked)-20.9%
  • 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.