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Pennington County, SD · Sold

SD-608384

5215 County Road 280

$398,200
$834/ac · 478 ac
Acreage478 ac
Price per acre$834/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJan 16, 2025
Coordinates44.0257, -102.7513
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

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

View Pennington market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands10.3% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,652 ft of deeded road frontage.

Power13,466 ft away

A long utility run — price in solar/off-grid instead.

Buildable area407.03 of 477.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$523,452
$434,231$612,673 · $1,096/ac on 478 ac
Asking vs estimate
-23.9%
Priced below 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 $398,200
Maximum allowable offer
$299,115
$626/ac · +30.0% target margin

You need $99,085 off asking to hit this margin.

All-in cost$324,540
Net resale$481,576
Projected profit$157,036
ROI+48.4%
Annualized+69.3%
Break-even resale$739/ac
Profit if resale lands off target
-20%
$60,721
-10%
$108,879
0%
$157,036
+10%
$205,194
+20%
$253,351
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-238395
Gravel · Power at road
481.5Feb 25, 2025$649,9001,3501,2212.7 mi
85
SD-528527
Gravel · Power at road
529.8Apr 4, 2026$735,1001,3881,2365.8 mi
83
SD-668580
Dirt · Power at road
550.5Sep 16, 2024$489,10088999011.7 mi
72
SD-978020
Dirt · Power at road
366.9Sep 18, 2025$345,7009428939.3 mi
71
SD-176854
Landlocked · Off grid
157.7Aug 22, 2025$142,8009061,0093.5 mi
65
SD-759765
Gravel · Off grid
1298.9Jun 26, 2024$912,0007021,0419.5 mi
65
SD-609611
Gravel · Power at road
1161.8Jan 11, 2025$1,439,7001,2391,4779.5 mi
62
SD-529807
Gravel · Full utilities
1339.1Aug 21, 2024$1,111,5008308615.4 mi
61
Show adjustment detail for the top comp
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (18 mo)+6.2%

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.