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McPherson County, SD · Sold

SD-395219

789 County Road 392

$126,800
$2,629/ac · 48.23 ac
Acreage48.23 ac
Price per acre$2,629/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedSep 9, 2023
Coordinates45.7315, -99.2533
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

McPherson County, South Dakota. West River grazing and Black Hills recreational parcels.

View McPherson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope12.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power204 ft away

Power at or near the road.

Buildable area35.00 of 48.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$157,288
$128,308$186,267 · $3,261/ac on 48.23 ac
Asking vs estimate
-19.4%
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 $126,800
Maximum allowable offer
$89,879
$1,864/ac · +30.0% target margin

You need $36,921 off asking to hit this margin.

All-in cost$97,519
Net resale$144,705
Projected profit$47,186
ROI+48.4%
Annualized+69.2%
Break-even resale$2,198/ac
Profit if resale lands off target
-20%
$18,245
-10%
$32,715
0%
$47,186
+10%
$61,656
+20%
$76,127
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-915844
Dirt · Power at road
75.9Aug 27, 2025$148,4001,9562,2431.9 mi
77
SD-764219
Gravel · Power at road
23.4Aug 31, 2025$111,5004,7703,7751.1 mi
77
SD-274667
Dirt · Off grid
32.3Oct 17, 2025$98,1003,0353,4363.4 mi
76
SD-184847
Paved · Power at road
36.8Sep 21, 2025$188,1005,1053,6725.4 mi
76
SD-794705
Gravel · Off grid
33.2Jun 2, 2026$93,1002,8002,6698.9 mi
75
SD-645093
Dirt · Off grid
44.0Jan 10, 2025$136,0003,0893,80912.0 mi
72
Show adjustment detail for the top comp
  • Tract size (75.86 ac → 48.23 ac)+10.2%
  • Market time (12 mo)+4.1%

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.