Meade County, SD · Sold

SD-547366

2836 County Road 375

$162,000

$709/ac · 228 ac

Offer report Market this tract

Acreage228 ac

Price per acre$709/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedMar 31, 2024

Coordinates44.7193, -102.7375

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands15.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,864 ft of deeded road frontage.

Power3,890 ft away

Service extension needed; get a utility quote.

Buildable area183.84 of 228.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$204,336

$149,393 – $259,278 · $894/ac on 228 ac

Asking vs estimate

-20.7%

Priced below 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 $162,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$116,763

$511/ac · +30.0% target margin

You need $45,237 off asking to hit this margin.

All-in cost$126,688

Net resale$187,989

Projected profit$61,301

ROI+48.4%

Annualized+69.3%

Break-even resale$603/ac

Profit if resale lands off target

-20%

$23,703

-10%

$42,502

$61,301

+10%

$80,100

+20%

$98,899

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-898081 Gravel · Power at road	383.5	Jul 27, 2026	$387,100	1,009	999	14.0 mi	79
SD-636543 Dirt · Off grid	125.9	Jul 27, 2026	$90,700	721	714	12.0 mi	78
SD-986173 Gravel · Off grid	96.3	Jul 27, 2026	$68,200	708	565	5.4 mi	77
SD-397986 Dirt · Off grid	358.0	Jul 27, 2026	$188,100	525	697	11.7 mi	76
SD-698650 Gravel · Off grid	579.1	Jul 27, 2026	$429,000	741	977	8.4 mi	74
SD-777220 Dirt · Off grid	205.5	May 4, 2025	$245,200	1,193	1,419	10.4 mi	74
SD-467790 Gravel · Full utilities	310.6	Jun 3, 2025	$352,700	1,135	908	8.9 mi	72
SD-258168 Paved · Off grid	408.5	Oct 30, 2025	$352,400	863	895	16.4 mi	70
SD-798075 Dirt · Power at road	381.9	Mar 26, 2025	$211,200	553	672	14.0 mi	62
SD-286371 Landlocked · Power at road	111.1	Jul 12, 2025	$115,500	1,040	1,120	12.2 mi	62

Show adjustment detail for the top comp

Tract size (383.51 ac → 228.47 ac)+16.2%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV