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Pennington County, SD · Sold

SD-978020

9051 County Road 12

$370,100
$1,009/ac · 367 ac
Acreage367 ac
Price per acre$1,009/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedNov 28, 2024
Coordinates43.9179, -102.8640
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

1 item to verify before you offer.

Risk index
21
Low risk
Wetlands9.2% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power171 ft away

Power at or near the road.

Buildable area316.51 of 366.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$417,550
$309,725$525,375 · $1,138/ac on 367 ac
Asking vs estimate
-11.4%
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 $370,100
Maximum allowable offer
$238,600
$650/ac · +30.0% target margin

You need $131,500 off asking to hit this margin.

All-in cost$258,881
Net resale$384,146
Projected profit$125,265
ROI+48.4%
Annualized+69.2%
Break-even resale$767/ac
Profit if resale lands off target
-20%
$48,436
-10%
$86,850
0%
$125,265
+10%
$163,679
+20%
$202,094
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-528527
Gravel · Power at road
529.8Apr 4, 2026$735,1001,3881,35310.0 mi
75
SD-238395
Gravel · Power at road
481.5Feb 25, 2025$649,9001,3501,3378.6 mi
71
SD-608384
Gravel · Off grid
477.6May 25, 2025$367,9007708879.3 mi
70
SD-616604
Dirt · Power at road
131.6Jan 26, 2026$109,10082963610.0 mi
68
SD-668580
Dirt · Power at road
550.5Sep 16, 2024$489,1008891,08413.3 mi
67
SD-176854
Landlocked · Off grid
157.7Aug 22, 2025$142,8009061,10410.3 mi
67
SD-609611
Gravel · Power at road
1161.8Jan 11, 2025$1,439,7001,2391,61613.7 mi
57
Show adjustment detail for the top comp
  • Tract size (529.78 ac → 366.93 ac)+11.6%
  • Access (Gravel → Dirt)-14.0%
  • Market time (4 mo)+1.5%

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.