Meade County, SD · Sold

SD-898081

1185 County Road 204

$383,600

$1,000/ac · 384 ac

Offer report Market this tract

Acreage384 ac

Price per acre$1,000/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographyWooded

ListedJun 6, 2026

Coordinates44.5171, -102.7559

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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

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

View Meade market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,644 ft of deeded road frontage.

Power69 ft away

Power at or near the road.

Buildable area358.14 of 383.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$330,331

$242,685 – $417,977 · $861/ac on 384 ac

Asking vs estimate

+16.1%

Priced above the comp set

Weighted from 10 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 $383,600

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$188,761

$492/ac · +30.0% target margin

You need $194,839 off asking to hit this margin.

All-in cost$204,806

Net resale$303,905

Projected profit$99,099

ROI+48.4%

Annualized+69.2%

Break-even resale$580/ac

Profit if resale lands off target

-20%

$38,318

-10%

$68,708

$99,099

+10%

$129,489

+20%

$159,880

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-397986 Dirt · Off grid	358.0	Jul 27, 2026	$188,100	525	706	2.4 mi	87
SD-258168 Paved · Off grid	408.5	Oct 30, 2025	$352,400	863	906	2.8 mi	85
SD-798075 Dirt · Power at road	381.9	Mar 26, 2025	$211,200	553	680	1.4 mi	81
SD-698650 Gravel · Off grid	579.1	Jul 27, 2026	$429,000	741	989	9.7 mi	78
SD-636543 Dirt · Off grid	125.9	Jul 27, 2026	$90,700	721	723	6.7 mi	74
SD-467790 Gravel · Full utilities	310.6	Jun 3, 2025	$352,700	1,135	919	15.4 mi	70
SD-547366 Gravel · Off grid	228.5	Apr 20, 2025	$140,900	617	659	14.0 mi	70
SD-809509 Gravel · Power at road	1079.1	Nov 1, 2025	$473,900	439	622	7.9 mi	68
SD-738680 Dirt · Full utilities	591.9	Mar 24, 2025	$542,700	917	1,054	6.3 mi	68
SD-777220 Dirt · Off grid	205.5	May 4, 2025	$245,200	1,193	1,437	5.3 mi	66

Show adjustment detail for the top comp

Tract size (358.01 ac → 383.51 ac)-2.0%
Access (Dirt → Gravel)+16.3%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV