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Meade County, SD · Sold

SD-821580

1087 County Road 290

$5,300
$1,532/ac · 3.46 ac
Acreage3.46 ac
Price per acre$1,532/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJul 23, 2025
Coordinates44.7232, -102.6775
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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

5 items to verify before you offer.

Risk index
51
Moderate risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

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.

Power8,160 ft away

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

Buildable area2.77 of 3.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,820
$3,723$5,916 · $1,393/ac on 3.46 ac
Asking vs estimate
+10.0%
Priced above the comp set

Weighted from 6 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 $5,300
Maximum allowable offer
$2,754
$796/ac · +30.0% target margin

You need $2,546 off asking to hit this margin.

All-in cost$2,988
Net resale$4,434
Projected profit$1,446
ROI+48.4%
Annualized+69.3%
Break-even resale$939/ac
Profit if resale lands off target
-20%
$559
-10%
$1,003
0%
$1,446
+10%
$1,889
+20%
$2,333
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-931094
Gravel · Power at road
2.4Jun 11, 2025$6,3002,5731,5455.8 mi
75
SD-932135
Paved · Off grid
5.2Apr 29, 2025$6,9001,3428298.2 mi
70
SD-910182
Gravel · Off grid
1.3May 8, 2026$3,4002,7171,8299.9 mi
68
SD-512890
Landlocked · Power at road
8.9Apr 4, 2026$14,4001,6091,45815.8 mi
65
SD-482518
Paved · Full utilities
6.8Jul 25, 2024$18,1002,6561,1959.0 mi
65
SD-113222
Gravel · Off grid
11.3Apr 6, 2024$21,4001,8861,5082.6 mi
60
Show adjustment detail for the top comp
  • Tract size (2.43 ac → 3.46 ac)-1.0%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (14 mo)+5.0%

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.