Pennington County, SD · Sold

SD-796004

2832 County Road 304

$131,300

$1,541/ac · 85.18 ac

Offer report Market this tract

Acreage85.18 ac

Price per acre$1,541/ac

ZoningAgricultural

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedFeb 3, 2026

Coordinates44.0870, -102.8912

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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

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

View Pennington market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Moderate risk

Wetlands30.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,150 ft of deeded road frontage.

Power206 ft away

Power at or near the road.

Buildable area56.24 of 85.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$119,550

$95,511 – $143,588 · $1,403/ac on 85.18 ac

Asking vs estimate

+9.8%

Priced above the comp set

Weighted from 8 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 $131,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$68,314

$802/ac · +30.0% target margin

You need $62,986 off asking to hit this margin.

All-in cost$74,121

Net resale$109,986

Projected profit$35,865

ROI+48.4%

Annualized+69.3%

Break-even resale$946/ac

Profit if resale lands off target

-20%

$13,868

-10%

$24,866

$35,865

+10%

$46,864

+20%

$57,862

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-536174 Dirt · Power at road	96.3	Apr 30, 2025	$123,700	1,284	1,394	2.6 mi	85
SD-616604 Dirt · Power at road	131.6	Jan 26, 2026	$109,100	829	945	2.4 mi	85
SD-565693 Paved · Off grid	68.0	Jul 27, 2026	$122,400	1,800	1,469	11.6 mi	82
SD-605962 Landlocked · Full utilities	82.6	Jul 16, 2026	$91,200	1,103	1,139	12.8 mi	81
SD-445661 Dirt · Power at road	66.4	Jan 29, 2025	$83,600	1,259	1,267	9.3 mi	73
SD-965029 Paved · Off grid	42.0	Jul 27, 2026	$101,900	2,425	1,793	13.0 mi	70
SD-176854 Landlocked · Off grid	157.7	Aug 22, 2025	$142,800	906	1,640	11.6 mi	64
SD-875028 Dirt · Off grid	42.0	Jun 27, 2024	$67,600	1,610	1,776	11.0 mi	61

Show adjustment detail for the top comp

Tract size (96.34 ac → 85.18 ac)+3.0%
Market time (16 mo)+5.4%

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