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Meade County, SD · Sold

SD-913886

9538 County Road 367

$26,200
$1,427/ac · 18.36 ac
Acreage18.36 ac
Price per acre$1,427/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJan 5, 2024
Coordinates44.6211, -102.7587
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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

3 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power5,066 ft away

A long utility run — price in solar/off-grid instead.

Buildable area15.65 of 18.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$22,141
$19,971$24,311 · $1,206/ac on 18.36 ac
Asking vs estimate
+18.3%
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 $26,200
Maximum allowable offer
$12,652
$689/ac · +30.0% target margin

You need $13,548 off asking to hit this margin.

All-in cost$13,727
Net resale$20,370
Projected profit$6,642
ROI+48.4%
Annualized+69.2%
Break-even resale$813/ac
Profit if resale lands off target
-20%
$2,568
-10%
$4,605
0%
$6,642
+10%
$8,679
+20%
$10,716
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-293492
Gravel · Off grid
13.8Jul 27, 2026$27,9002,0191,3331.7 mi
85
SD-444212
Dirt · Power at road
23.3Jul 27, 2026$35,9001,5451,0735.4 mi
81
SD-512890
Landlocked · Power at road
8.9Apr 4, 2026$14,4001,6091,2968.9 mi
76
SD-164175
Dirt · Full utilities
22.6Nov 10, 2024$40,5001,7901,0898.1 mi
69
SD-304931
Gravel · Power at road
39.1May 30, 2025$70,4001,7991,2258.6 mi
68
SD-113222
Gravel · Off grid
11.3Apr 6, 2024$21,4001,8861,3419.3 mi
64
SD-565266
Dirt · Off grid
49.9Sep 21, 2024$53,9001,0801,0831.8 mi
64
SD-845593
Paved · Power at road
63.2Nov 5, 2025$139,3002,2031,3756.7 mi
62
SD-482518
Paved · Full utilities
6.8Jul 25, 2024$18,1002,6561,0622.5 mi
61
SD-835078
Dirt · Full utilities
43.5Apr 9, 2025$76,2001,7491,1658.0 mi
61
Show adjustment detail for the top comp
  • Tract size (13.8 ac → 18.36 ac)-3.1%
  • Access (Gravel → Landlocked)-32.0%

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.