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Mellette County, SD · Sold

SD-979209

990 County Road 283

$1,543,400
$1,778/ac · 868 ac
Acreage868 ac
Price per acre$1,778/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedFeb 5, 2026
Coordinates43.4984, -100.8440
Loading terrain…
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

Mellette County, South Dakota. West River grazing and Black Hills recreational parcels.

View Mellette market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
24
Low risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope24.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

5,053 ft of deeded road frontage.

Power93 ft away

Power at or near the road.

Buildable area502.21 of 868.28 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,239,135
$1,037,713$1,440,556 · $1,427/ac on 868 ac
Asking vs estimate
+24.6%
Priced above the comp set

Weighted from 3 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 $1,543,400
Maximum allowable offer
$708,077
$815/ac · +30.0% target margin

You need $835,323 off asking to hit this margin.

All-in cost$768,264
Net resale$1,140,004
Projected profit$371,740
ROI+48.4%
Annualized+69.2%
Break-even resale$962/ac
Profit if resale lands off target
-20%
$143,739
-10%
$257,740
0%
$371,740
+10%
$485,741
+20%
$599,741
Comparable sales3 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-338202
Gravel · Off grid
418.6Dec 13, 2025$631,7001,5091,46213.8 mi
66
SD-297738
Paved · Power at road
299.1Jul 19, 2024$748,3002,5021,6723.6 mi
62
SD-907201
Gravel · Off grid
202.7Mar 8, 2024$262,0001,2921,08814.3 mi
51
Show adjustment detail for the top comp
  • Tract size (418.65 ac → 868.28 ac)-19.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (8 mo)+2.8%

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.