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Mellette County, SD · Sold

SD-297738

8187 County Road 160

$753,600
$2,519/ac · 299 ac
Acreage299 ac
Price per acre$2,519/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJan 19, 2024
Coordinates43.5347, -100.7924
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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

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
13
Low risk
Wetlands2.2% of tract

Little to no mapped wetland coverage.

Average slope14.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,982 ft of deeded road frontage.

Power97 ft away

Power at or near the road.

Buildable area234.04 of 299.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$726,235
$537,571$914,899 · $2,428/ac on 299 ac
Asking vs estimate
+3.8%
In line with the comp set

Weighted from 5 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 $753,600
Maximum allowable offer
$414,991
$1,387/ac · +30.0% target margin

You need $338,609 off asking to hit this margin.

All-in cost$450,265
Net resale$668,136
Projected profit$217,871
ROI+48.4%
Annualized+69.3%
Break-even resale$1,636/ac
Profit if resale lands off target
-20%
$84,244
-10%
$151,057
0%
$217,871
+10%
$284,685
+20%
$351,498
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-979209
Gravel · Power at road
868.3Jul 27, 2026$1,512,5001,7422,8413.6 mi
74
SD-338202
Gravel · Off grid
418.6Dec 13, 2025$631,7001,5092,37810.3 mi
71
SD-907201
Gravel · Off grid
202.7Mar 8, 2024$262,0001,2921,77010.8 mi
67
SD-135035
Paved · Off grid
42.2Aug 27, 2024$93,3002,2091,7325.2 mi
55
SD-865061
Gravel · Power at road
43.0Jan 11, 2024$185,7004,3173,4905.3 mi
52
Show adjustment detail for the top comp
  • Tract size (868.28 ac → 299.13 ac)+37.9%
  • Access (Gravel → Paved)+18.0%

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.