SD-698924
4629 County Road 237
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McPherson County, South Dakota. West River grazing and Black Hills recreational parcels.
View McPherson market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $201,423 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| SD-399251 Landlocked · Power at road | 895.1 | Jul 27, 2026 | $843,700 | 943 | 1,568 | 6.3 mi | 81 |
| SD-978318 Dirt · Off grid | 455.4 | Jun 13, 2026 | $637,600 | 1,400 | 1,772 | 10.3 mi | 77 |
| SD-278188 Gravel · Power at road | 414.4 | Jun 20, 2026 | $896,900 | 2,164 | 1,944 | 10.9 mi | 77 |
| SD-718956 Paved · Power at road | 722.9 | Sep 16, 2025 | $1,124,200 | 1,555 | 1,446 | 9.3 mi | 76 |
| SD-199060 Gravel · Power at road | 779.4 | Sep 15, 2024 | $1,802,500 | 2,313 | 2,702 | 11.5 mi | 69 |
| SD-769897 Landlocked · Full utilities | 1429.3 | Jun 9, 2025 | $1,326,600 | 928 | 1,534 | 4.9 mi | 68 |
Show adjustment detail for the top comp
- Tract size (895.11 ac → 706.31 ac)+7.6%
- Access (Landlocked → Dirt)+26.5%
- Utilities (Power at road → Full utilities)+22.0%
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.