Meade County, SD · Sold

SD-698650

7123 County Road 150

$399,800

$690/ac · 579 ac

Offer report Market this tract

Acreage579 ac

Price per acre$690/ac

ZoningResidential

Road accessGravel

UtilitiesOff grid

TopographyMixed

ListedMay 9, 2026

Coordinates44.6348, -102.8617

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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

Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,013 ft of deeded road frontage.

Power2,378 ft away

Service extension needed; get a utility quote.

Buildable area498.47 of 579.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$400,879

$291,813 – $509,945 · $692/ac on 579 ac

Asking vs estimate

-0.3%

In line with 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 $399,800

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$229,074

$396/ac · +30.0% target margin

You need $170,726 off asking to hit this margin.

All-in cost$248,545

Net resale$368,809

Projected profit$120,264

ROI+48.4%

Annualized+69.2%

Break-even resale$466/ac

Profit if resale lands off target

-20%

$46,502

-10%

$83,383

$120,264

+10%

$157,145

+20%

$194,026

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	760	9.7 mi	78
SD-397986 Dirt · Off grid	358.0	Jul 27, 2026	$188,100	525	530	7.7 mi	78
SD-258168 Paved · Off grid	408.5	Oct 30, 2025	$352,400	863	680	12.4 mi	71
SD-738680 Dirt · Full utilities	591.9	Mar 24, 2025	$542,700	917	792	15.0 mi	70
SD-269094 Paved · Off grid	798.9	Oct 25, 2025	$761,300	953	921	14.3 mi	70
SD-809509 Gravel · Power at road	1079.1	Nov 1, 2025	$473,900	439	467	12.4 mi	68
SD-798075 Dirt · Power at road	381.9	Mar 26, 2025	$211,200	553	511	10.5 mi	66
SD-777220 Dirt · Off grid	205.5	May 4, 2025	$245,200	1,193	1,079	9.8 mi	65
SD-547366 Gravel · Off grid	228.5	Apr 20, 2025	$140,900	617	495	8.4 mi	65
SD-467790 Gravel · Full utilities	310.6	Jun 3, 2025	$352,700	1,135	690	15.3 mi	64

Show adjustment detail for the top comp

Tract size (383.51 ac → 579.15 ac)-11.7%
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