SD-759765
4588 County Road 204
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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.
6,918 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $361,287 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| SD-609611 Gravel · Power at road | 1161.8 | Jan 11, 2025 | $1,439,700 | 1,239 | 1,085 | 0.2 mi | 79 |
| SD-529807 Gravel · Full utilities | 1339.1 | Aug 21, 2024 | $1,111,500 | 830 | 633 | 11.0 mi | 73 |
| SD-528527 Gravel · Power at road | 529.8 | Apr 4, 2026 | $735,100 | 1,388 | 908 | 4.2 mi | 73 |
| SD-608384 Gravel · Off grid | 477.6 | May 25, 2025 | $367,900 | 770 | 595 | 9.5 mi | 69 |
| SD-668580 Dirt · Power at road | 550.5 | Sep 16, 2024 | $489,100 | 889 | 728 | 3.7 mi | 66 |
| SD-238395 Gravel · Power at road | 481.5 | Feb 25, 2025 | $649,900 | 1,350 | 897 | 12.1 mi | 64 |
Show adjustment detail for the top comp
- Tract size (1161.81 ac → 1298.93 ac)-3.4%
- Utilities (Power at road → Off grid)-15.0%
- Market time (19 mo)+6.7%
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.