← New search
Lyman County, SD · Sold

SD-715805

5845 County Road 254

$229,700
$3,115/ac · 73.74 ac
Acreage73.74 ac
Price per acre$3,115/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedNov 5, 2025
Coordinates43.9669, -99.7369
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
35
Moderate risk
Wetlands26.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.5%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area51.70 of 73.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$229,830
$181,478$278,183 · $3,117/ac on 73.74 ac
Asking vs estimate
-0.1%
In line with 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 $229,700
Maximum allowable offer
$131,332
$1,781/ac · +30.0% target margin

You need $98,368 off asking to hit this margin.

All-in cost$142,495
Net resale$211,444
Projected profit$68,949
ROI+48.4%
Annualized+69.2%
Break-even resale$2,100/ac
Profit if resale lands off target
-20%
$26,660
-10%
$47,804
0%
$68,949
+10%
$90,093
+20%
$111,238
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-896610
Landlocked · Full utilities
132.1Jul 5, 2026$183,0001,3852,36112.8 mi
73
SD-435990
Landlocked · Power at road
84.3Dec 16, 2023$148,5001,7613,6232.5 mi
71
SD-545000
Dirt · Full utilities
41.2Jan 30, 2025$105,0002,5512,7996.5 mi
71
SD-377066
Dirt · Power at road
183.8Jul 27, 2026$382,0002,0783,7247.1 mi
71
SD-506479
Paved · Off grid
120.2Mar 24, 2025$312,0002,5963,7636.9 mi
71
SD-525095
Paved · Off grid
44.1Apr 15, 2024$84,0001,9042,2845.6 mi
69
SD-347152
Dirt · Off grid
195.7Jul 21, 2026$380,1001,9434,17011.0 mi
68
SD-484353
Dirt · Full utilities
25.8Jul 27, 2026$85,5003,3193,17115.8 mi
67
SD-287291
Gravel · Power at road
216.4Feb 25, 2026$295,5001,3662,24111.0 mi
66
SD-924821
Dirt · Power at road
36.1Nov 5, 2025$85,7002,3723,00810.3 mi
65
Show adjustment detail for the top comp
  • Tract size (132.12 ac → 73.74 ac)+15.4%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (1 mo)+0.5%

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.