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McPherson County, SD · Sold

SD-769897

7477 County Road 191

$1,592,500
$1,114/ac · 1,429 ac
Acreage1,429 ac
Price per acre$1,114/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedJul 16, 2024
Coordinates45.8802, -99.1130
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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

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

View McPherson market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
25
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1346.94 of 1429.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,603,115
$1,206,502$1,999,728 · $1,122/ac on 1,429 ac
Asking vs estimate
-0.7%
In line with 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 $1,592,500
Maximum allowable offer
$916,066
$641/ac · +30.0% target margin

You need $676,434 off asking to hit this margin.

All-in cost$993,932
Net resale$1,474,866
Projected profit$480,934
ROI+48.4%
Annualized+69.2%
Break-even resale$756/ac
Profit if resale lands off target
-20%
$185,961
-10%
$333,447
0%
$480,934
+10%
$628,421
+20%
$775,907
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-399251
Landlocked · Power at road
895.1Jul 27, 2026$843,70094399610.9 mi
77
SD-698924
Dirt · Full utilities
706.3Mar 16, 2026$932,9001,3218544.9 mi
73
SD-718956
Paved · Power at road
722.9Sep 16, 2025$1,124,2001,5559198.6 mi
65
SD-978318
Dirt · Off grid
455.4Jun 13, 2026$637,6001,4001,12512.7 mi
64
SD-278188
Gravel · Power at road
414.4Jun 20, 2026$896,9002,1641,23514.0 mi
63
SD-199060
Gravel · Power at road
779.4Sep 15, 2024$1,802,5002,3131,71713.6 mi
59
Show adjustment detail for the top comp
  • Tract size (895.11 ac → 1429.27 ac)-13.6%
  • 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.