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McPherson County, SD · Sold

SD-764219

3014 County Road 351

$110,800
$4,741/ac · 23.37 ac
Acreage23.37 ac
Price per acre$4,741/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJul 9, 2024
Coordinates45.7177, -99.2644
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

447 ft of deeded road frontage.

Power47 ft away

Power at or near the road.

Buildable area21.49 of 23.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$91,777
$74,190$109,365 · $3,927/ac on 23.37 ac
Asking vs estimate
+20.7%
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 $110,800
Maximum allowable offer
$52,444
$2,244/ac · +30.0% target margin

You need $58,356 off asking to hit this margin.

All-in cost$56,902
Net resale$84,435
Projected profit$27,534
ROI+48.4%
Annualized+69.3%
Break-even resale$2,647/ac
Profit if resale lands off target
-20%
$10,646
-10%
$19,090
0%
$27,534
+10%
$35,977
+20%
$44,421
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-794705
Gravel · Off grid
33.2Jun 2, 2026$93,1002,8003,5089.9 mi
78
SD-274667
Dirt · Off grid
32.3Oct 17, 2025$98,1003,0354,5154.5 mi
74
SD-532694
Gravel · Off grid
7.7Jan 24, 2026$22,7002,9283,1553.8 mi
73
SD-184847
Paved · Power at road
36.8Sep 21, 2025$188,1005,1054,8256.2 mi
72
SD-395219
Dirt · Power at road
48.2Feb 22, 2024$121,5002,5193,6551.1 mi
71
SD-915844
Dirt · Power at road
75.9Aug 27, 2025$148,4001,9562,9472.0 mi
66
SD-645093
Dirt · Off grid
44.0Jan 10, 2025$136,0003,0895,00613.1 mi
60
Show adjustment detail for the top comp
  • Tract size (33.24 ac → 23.37 ac)+5.6%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.9%

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.