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McPherson County, SD · Sold

SD-820394

5390 County Road 201

$5,800
$3,973/ac · 1.46 ac
Acreage1.46 ac
Price per acre$3,973/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedJul 3, 2025
Coordinates45.8314, -99.1517
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

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power79 ft away

Power at or near the road.

Buildable area1.16 of 1.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,697
$3,917$5,478 · $3,217/ac on 1.46 ac
Asking vs estimate
+23.5%
Priced above 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 $5,800
Maximum allowable offer
$2,684
$1,838/ac · +30.0% target margin

You need $3,116 off asking to hit this margin.

All-in cost$2,912
Net resale$4,321
Projected profit$1,409
ROI+48.4%
Annualized+69.3%
Break-even resale$2,168/ac
Profit if resale lands off target
-20%
$545
-10%
$977
0%
$1,409
+10%
$1,841
+20%
$2,274
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-820183
Dirt · Full utilities
1.3Nov 18, 2024$6,0004,7553,3006.1 mi
76
SD-580293
Dirt · Off grid
1.4Nov 10, 2024$3,8002,7982,7938.6 mi
71
SD-792385
Dirt · Off grid
6.2Jul 27, 2026$24,9004,0273,9261.9 mi
69
SD-101638
Landlocked · Full utilities
3.6Oct 27, 2024$15,5004,3053,8763.6 mi
69
SD-600968
Dirt · Full utilities
2.2Jan 31, 2025$8,9004,0222,7966.6 mi
67
SD-532694
Gravel · Off grid
7.7Jan 24, 2026$22,7002,9282,54110.0 mi
62
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (21 mo)+7.3%

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.