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Lyman County, SD · Sold

SD-317671

9488 County Road 220

$771,000
$2,706/ac · 285 ac
Acreage285 ac
Price per acre$2,706/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedApr 29, 2024
Coordinates43.9048, -99.9056
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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

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands45.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,173 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area148.62 of 284.96 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$622,252
$448,021$796,482 · $2,184/ac on 285 ac
Asking vs estimate
+23.9%
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 $771,000
Maximum allowable offer
$355,572
$1,248/ac · +30.0% target margin

You need $415,428 off asking to hit this margin.

All-in cost$385,796
Net resale$572,471
Projected profit$186,676
ROI+48.4%
Annualized+69.3%
Break-even resale$1,472/ac
Profit if resale lands off target
-20%
$72,182
-10%
$129,429
0%
$186,676
+10%
$243,923
+20%
$301,170
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-997788
Paved · Power at road
310.2Nov 30, 2025$468,9001,5121,5956.3 mi
87
SD-377066
Dirt · Power at road
183.8Jul 27, 2026$382,0002,0782,5243.3 mi
82
SD-347152
Dirt · Off grid
195.7Jul 21, 2026$380,1001,9432,8275.1 mi
79
SD-287291
Gravel · Power at road
216.4Feb 25, 2026$295,5001,3661,5199.6 mi
77
SD-827727
Dirt · Power at road
296.8Aug 17, 2024$658,3002,2183,3389.5 mi
72
SD-896610
Landlocked · Full utilities
132.1Jul 5, 2026$183,0001,3851,6007.9 mi
71
SD-667011
Gravel · Power at road
176.7Dec 6, 2024$252,7001,4311,5804.9 mi
69
SD-506479
Paved · Off grid
120.2Mar 24, 2025$312,0002,5962,5513.4 mi
67
SD-817168
Dirt · Full utilities
197.9Jan 21, 2025$470,3002,3762,5689.3 mi
66
SD-619355
Landlocked · Full utilities
965.1Jul 27, 2026$830,0008601,77210.1 mi
66
Show adjustment detail for the top comp
  • Tract size (310.17 ac → 284.96 ac)+2.5%
  • Market time (8 mo)+3.0%

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.