SD-234084
3228 County Road 29
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Pennington County, South Dakota. West River grazing and Black Hills recreational parcels.
View Pennington market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $37,181 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| SD-363938 Gravel · Power at road | 19.1 | Jul 22, 2025 | $33,000 | 1,728 | 2,102 | 5.9 mi | 82 |
| SD-213562 Gravel · Off grid | 14.5 | Nov 9, 2025 | $31,400 | 2,165 | 2,966 | 6.9 mi | 76 |
| SD-473459 Landlocked · Off grid | 13.5 | Jul 27, 2026 | $15,300 | 1,133 | 2,201 | 8.9 mi | 76 |
| SD-565693 Paved · Off grid | 68.0 | Jul 27, 2026 | $122,400 | 1,800 | 2,613 | 3.1 mi | 74 |
| SD-965029 Paved · Off grid | 42.0 | Jul 27, 2026 | $101,900 | 2,425 | 3,189 | 11.7 mi | 73 |
| SD-633632 Gravel · Power at road | 15.3 | Jan 18, 2024 | $35,100 | 2,298 | 2,889 | 10.5 mi | 65 |
| SD-875028 Dirt · Off grid | 42.0 | Jun 27, 2024 | $67,600 | 1,610 | 3,159 | 1.4 mi | 65 |
| SD-445661 Dirt · Power at road | 66.4 | Jan 29, 2025 | $83,600 | 1,259 | 2,252 | 1.9 mi | 63 |
Show adjustment detail for the top comp
- Tract size (19.07 ac → 21.2 ac)-1.4%
- Access (Gravel → Paved)+18.0%
- Market time (13 mo)+4.5%
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.
