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Pennington County, SD · Sold

SD-234084

3228 County Road 29

$69,400
$3,274/ac · 21.20 ac
Acreage21.20 ac
Price per acre$3,274/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJan 3, 2026
Coordinates43.9868, -102.7284
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

4 items to verify before you offer.

Risk index
26
Low risk
Wetlands14.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power174 ft away

Power at or near the road.

Buildable area17.20 of 21.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,383
$47,563$65,203 · $2,660/ac on 21.20 ac
Asking vs estimate
+23.1%
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 $69,400
Maximum allowable offer
$32,219
$1,520/ac · +30.0% target margin

You need $37,181 off asking to hit this margin.

All-in cost$34,958
Net resale$51,873
Projected profit$16,915
ROI+48.4%
Annualized+69.2%
Break-even resale$1,792/ac
Profit if resale lands off target
-20%
$6,540
-10%
$11,728
0%
$16,915
+10%
$22,102
+20%
$27,289
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-363938
Gravel · Power at road
19.1Jul 22, 2025$33,0001,7282,1025.9 mi
82
SD-213562
Gravel · Off grid
14.5Nov 9, 2025$31,4002,1652,9666.9 mi
76
SD-473459
Landlocked · Off grid
13.5Jul 27, 2026$15,3001,1332,2018.9 mi
76
SD-565693
Paved · Off grid
68.0Jul 27, 2026$122,4001,8002,6133.1 mi
74
SD-965029
Paved · Off grid
42.0Jul 27, 2026$101,9002,4253,18911.7 mi
73
SD-633632
Gravel · Power at road
15.3Jan 18, 2024$35,1002,2982,88910.5 mi
65
SD-875028
Dirt · Off grid
42.0Jun 27, 2024$67,6001,6103,1591.4 mi
65
SD-445661
Dirt · Power at road
66.4Jan 29, 2025$83,6001,2592,2521.9 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.