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Pennington County, SD · Sold

SD-238395

3570 County Road 347

$692,100
$1,437/ac · 481 ac
Acreage481 ac
Price per acre$1,437/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 4, 2024
Coordinates43.9920, -102.7242
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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
12
Low risk
Wetlands12.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,395 ft of deeded road frontage.

Power72 ft away

Power at or near the road.

Buildable area400.68 of 481.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$584,514
$469,456$699,573 · $1,214/ac on 481 ac
Asking vs estimate
+18.4%
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 $692,100
Maximum allowable offer
$334,008
$694/ac · +30.0% target margin

You need $358,092 off asking to hit this margin.

All-in cost$362,399
Net resale$537,753
Projected profit$175,354
ROI+48.4%
Annualized+69.2%
Break-even resale$818/ac
Profit if resale lands off target
-20%
$67,804
-10%
$121,579
0%
$175,354
+10%
$229,130
+20%
$282,905
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-608384
Gravel · Off grid
477.6May 25, 2025$367,9007709512.7 mi
86
SD-528527
Gravel · Power at road
529.8Apr 4, 2026$735,1001,3881,4508.2 mi
84
SD-978020
Dirt · Power at road
366.9Sep 18, 2025$345,7009421,0498.6 mi
74
SD-668580
Dirt · Power at road
550.5Sep 16, 2024$489,1008891,16213.9 mi
74
SD-176854
Landlocked · Off grid
157.7Aug 22, 2025$142,8009061,1841.7 mi
65
SD-609611
Gravel · Power at road
1161.8Jan 11, 2025$1,439,7001,2391,73312.0 mi
63
SD-759765
Gravel · Off grid
1298.9Jun 26, 2024$912,0007021,22212.1 mi
62
SD-529807
Gravel · Full utilities
1339.1Aug 21, 2024$1,111,5008301,0106.7 mi
60
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (15 mo)+5.2%

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.