Meade County, SD · Sold

SD-565266

2751 County Road 187

$51,000

$1,022/ac · 49.90 ac

Offer report Market this tract

Acreage49.90 ac

Price per acre$1,022/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyRolling

ListedMar 11, 2024

Coordinates44.6458, -102.7675

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

616 ft of deeded road frontage.

Power4,282 ft away

Service extension needed; get a utility quote.

Buildable area46.08 of 49.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$59,854

$47,077 – $72,631 · $1,199/ac on 49.90 ac

Asking vs estimate

-14.8%

Priced below the comp set

Weighted from 9 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 $51,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$34,202

$685/ac · +30.0% target margin

You need $16,798 off asking to hit this margin.

All-in cost$37,109

Net resale$55,066

Projected profit$17,956

ROI+48.4%

Annualized+69.3%

Break-even resale$808/ac

Profit if resale lands off target

-20%

$6,943

-10%

$12,450

$17,956

+10%

$23,463

+20%

$28,970

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-986173 Gravel · Off grid	96.3	Jul 27, 2026	$68,200	708	707	2.4 mi	79
SD-444212 Dirt · Power at road	23.3	Jul 27, 2026	$35,900	1,545	1,156	3.7 mi	77
SD-835078 Dirt · Full utilities	43.5	Apr 9, 2025	$76,200	1,749	1,254	8.3 mi	75
SD-636543 Dirt · Off grid	125.9	Jul 27, 2026	$90,700	721	895	8.7 mi	74
SD-845593 Paved · Power at road	63.2	Nov 5, 2025	$139,300	2,203	1,480	8.3 mi	73
SD-304931 Gravel · Power at road	39.1	May 30, 2025	$70,400	1,799	1,320	9.8 mi	70
SD-286371 Landlocked · Power at road	111.1	Jul 12, 2025	$115,500	1,040	1,403	7.0 mi	68
SD-913886 Landlocked · Off grid	18.4	Jul 4, 2024	$23,600	1,287	1,510	1.8 mi	63
SD-164175 Dirt · Full utilities	22.6	Nov 10, 2024	$40,500	1,790	1,172	9.5 mi	62

Show adjustment detail for the top comp

Tract size (96.27 ac → 49.9 ac)+15.8%
Access (Gravel → Dirt)-14.0%

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