SD-865061
1520 County Road 123
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Mellette County, South Dakota. West River grazing and Black Hills recreational parcels.
View Mellette market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Rolling to steep in places; pad prep likely.
Moderate flood hazard on part of the tract.
1,634 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $130,726 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| SD-135035 Paved · Off grid | 42.2 | Aug 27, 2024 | $93,300 | 2,209 | 2,376 | 5.0 mi | 74 |
| SD-103956 Dirt · Power at road | 19.3 | Jul 27, 2026 | $37,800 | 1,957 | 2,011 | 7.4 mi | 74 |
| SD-214148 Dirt · Power at road | 22.2 | Oct 14, 2024 | $60,000 | 2,701 | 3,039 | 7.4 mi | 64 |
| SD-882743 Dirt · Full utilities | 8.0 | Oct 26, 2025 | $37,400 | 4,668 | 3,733 | 7.3 mi | 58 |
| SD-907201 Gravel · Off grid | 202.7 | Mar 8, 2024 | $262,000 | 1,292 | 2,429 | 6.2 mi | 55 |
| SD-452752 Paved · Full utilities | 8.1 | Jan 12, 2025 | $41,100 | 5,091 | 3,063 | 8.6 mi | 53 |
Show adjustment detail for the top comp
- Access (Paved → Gravel)-15.3%
- Utilities (Off grid → Power at road)+17.6%
- Market time (24 mo)+8.3%
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.