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Pennington County, SD · Sold

SD-176854

8029 County Road 393

$163,200
$1,035/ac · 158 ac
Acreage158 ac
Price per acre$1,035/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedNov 13, 2024
Coordinates43.9999, -102.6912
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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

2 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power10,680 ft away

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

Buildable area148.59 of 157.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$130,832
$101,878$159,786 · $830/ac on 158 ac
Asking vs estimate
+24.7%
Priced above the comp set

Weighted from 10 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 $163,200
Maximum allowable offer
$74,761
$474/ac · +30.0% target margin

You need $88,439 off asking to hit this margin.

All-in cost$81,116
Net resale$120,365
Projected profit$39,250
ROI+48.4%
Annualized+69.2%
Break-even resale$559/ac
Profit if resale lands off target
-20%
$15,177
-10%
$27,213
0%
$39,250
+10%
$51,286
+20%
$63,323
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-605962
Landlocked · Full utilities
82.6Jul 16, 2026$91,2001,1036551.3 mi
80
SD-565693
Paved · Off grid
68.0Jul 27, 2026$122,4001,8008451.1 mi
77
SD-616604
Dirt · Power at road
131.6Jan 26, 2026$109,1008295439.3 mi
75
SD-796004
Dirt · Power at road
85.2Feb 28, 2026$135,8001,59493411.6 mi
68
SD-978020
Dirt · Power at road
366.9Sep 18, 2025$345,70094283510.3 mi
67
SD-536174
Dirt · Power at road
96.3Apr 30, 2025$123,7001,2848029.3 mi
66
SD-608384
Gravel · Off grid
477.6May 25, 2025$367,9007707573.5 mi
64
SD-445661
Dirt · Power at road
66.4Jan 29, 2025$83,6001,2597282.3 mi
64
SD-528527
Gravel · Power at road
529.8Apr 4, 2026$735,1001,3881,1559.3 mi
63
SD-238395
Gravel · Power at road
481.5Feb 25, 2025$649,9001,3501,1421.7 mi
62
Show adjustment detail for the top comp
  • Tract size (82.63 ac → 157.67 ac)-15.1%
  • Utilities (Full utilities → Off grid)-30.3%

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.