Meade County, SD · Sold

SD-397986

9132 County Road 338

$187,500

$524/ac · 358 ac

Offer report Market this tract

Acreage358 ac

Price per acre$524/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographyWooded

ListedDec 26, 2025

Coordinates44.5512, -102.7571

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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

Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,649 ft of deeded road frontage.

Power2,686 ft away

Service extension needed; get a utility quote.

Buildable area321.06 of 358.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$241,415

$179,930 – $302,900 · $674/ac on 358 ac

Asking vs estimate

-22.3%

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 $187,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$137,951

$385/ac · +30.0% target margin

You need $49,549 off asking to hit this margin.

All-in cost$149,677

Net resale$222,102

Projected profit$72,425

ROI+48.4%

Annualized+69.3%

Break-even resale$454/ac

Profit if resale lands off target

-20%

$28,004

-10%

$50,215

$72,425

+10%

$94,635

+20%

$116,845

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	755	2.4 mi	87
SD-798075 Dirt · Power at road	381.9	Mar 26, 2025	$211,200	553	507	2.8 mi	80
SD-258168 Paved · Off grid	408.5	Oct 30, 2025	$352,400	863	676	5.0 mi	79
SD-698650 Gravel · Off grid	579.1	Jul 27, 2026	$429,000	741	738	7.7 mi	78
SD-636543 Dirt · Off grid	125.9	Jul 27, 2026	$90,700	721	540	6.0 mi	75
SD-738680 Dirt · Full utilities	591.9	Mar 24, 2025	$542,700	917	786	7.3 mi	73
SD-777220 Dirt · Off grid	205.5	May 4, 2025	$245,200	1,193	1,072	4.0 mi	73
SD-467790 Gravel · Full utilities	310.6	Jun 3, 2025	$352,700	1,135	685	13.7 mi	70
SD-809509 Gravel · Power at road	1079.1	Nov 1, 2025	$473,900	439	464	6.9 mi	68
SD-547366 Gravel · Off grid	228.5	Apr 20, 2025	$140,900	617	492	11.7 mi	67

Show adjustment detail for the top comp

Tract size (383.51 ac → 358.01 ac)+2.1%
Access (Gravel → Dirt)-14.0%
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