← New search
Lyman County, SD · Sold

SD-859314

9621 County Road 41

$1,928,900
$2,059/ac · 937 ac
Acreage937 ac
Price per acre$2,059/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedJan 21, 2024
Coordinates43.9595, -99.7905
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
37
Moderate risk
Wetlands35.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,001 ft of deeded road frontage.

Power175 ft away

Power at or near the road.

Buildable area575.87 of 936.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,522,168
$1,158,588$1,885,747 · $1,625/ac on 937 ac
Asking vs estimate
+26.7%
Priced above 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 $1,928,900
Maximum allowable offer
$869,810
$928/ac · +30.0% target margin

You need $1,059,090 off asking to hit this margin.

All-in cost$943,744
Net resale$1,400,394
Projected profit$456,650
ROI+48.4%
Annualized+69.2%
Break-even resale$1,095/ac
Profit if resale lands off target
-20%
$176,572
-10%
$316,611
0%
$456,650
+10%
$596,690
+20%
$736,729
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-619355
Landlocked · Full utilities
965.1Jul 27, 2026$830,0008601,2373.6 mi
86
SD-829912
Gravel · Full utilities
1444.9Jun 13, 2026$2,327,3001,6111,7967.7 mi
80
SD-799833
Paved · Off grid
1364.5Mar 11, 2025$1,489,5001,0921,53111.2 mi
68
SD-997788
Paved · Power at road
310.2Nov 30, 2025$468,9001,5121,1147.9 mi
67
SD-317671
Paved · Power at road
285.0Oct 25, 2024$764,1002,6812,0156.9 mi
62
SD-168559
Gravel · Off grid
542.2May 30, 2024$648,6001,1961,5359.2 mi
61
SD-827727
Dirt · Power at road
296.8Aug 17, 2024$658,3002,2182,3315.3 mi
59
Show adjustment detail for the top comp
  • Tract size (965.15 ac → 936.91 ac)+0.9%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Full utilities → Power at road)-18.0%

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.