Pennington County, SD · Sold

SD-363938

1002 County Road 182

$37,200

$1,951/ac · 19.07 ac

Offer report Market this tract

Acreage19.07 ac

Price per acre$1,951/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedDec 19, 2024

Coordinates44.0182, -102.8382

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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

Wetlands48.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

549 ft of deeded road frontage.

Power141 ft away

Power at or near the road.

Buildable area9.40 of 19.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$46,720

$40,192 – $53,248 · $2,450/ac on 19.07 ac

Asking vs estimate

-20.4%

Priced below the comp set

Weighted from 7 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 $37,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$26,697

$1,400/ac · +30.0% target margin

You need $10,503 off asking to hit this margin.

All-in cost$28,966

Net resale$42,982

Projected profit$14,016

ROI+48.4%

Annualized+69.3%

Break-even resale$1,651/ac

Profit if resale lands off target

-20%

$5,420

-10%

$9,718

$14,016

+10%

$18,314

+20%

$22,613

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-234084 Paved · Power at road	21.2	Jun 23, 2026	$67,700	3,195	2,762	5.9 mi	89
SD-213562 Gravel · Off grid	14.5	Nov 9, 2025	$31,400	2,165	2,548	7.5 mi	80
SD-473459 Landlocked · Off grid	13.5	Jul 27, 2026	$15,300	1,133	1,890	7.8 mi	78
SD-633632 Gravel · Power at road	15.3	Jan 18, 2024	$35,100	2,298	2,482	4.7 mi	73
SD-965029 Paved · Off grid	42.0	Jul 27, 2026	$101,900	2,425	2,740	9.3 mi	71
SD-875028 Dirt · Off grid	42.0	Jun 27, 2024	$67,600	1,610	2,714	5.8 mi	60
SD-445661 Dirt · Power at road	66.4	Jan 29, 2025	$83,600	1,259	1,935	5.2 mi	60

Show adjustment detail for the top comp

Tract size (21.2 ac → 19.07 ac)+1.4%
Access (Paved → Gravel)-15.3%
Market time (2 mo)+0.6%

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