← New search
Perkins County, SD · Sold

SD-528726

4340 County Road 48

$465,200
$760/ac · 612 ac
Acreage612 ac
Price per acre$760/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyMixed
ListedApr 16, 2025
Coordinates45.5128, -102.4717
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

Perkins County, South Dakota. West River grazing and Black Hills recreational parcels.

View Perkins market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power217 ft away

Power at or near the road.

Buildable area504.02 of 611.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$423,977
$355,122$492,832 · $693/ac on 612 ac
Asking vs estimate
+9.7%
Priced above the comp set

Weighted from 6 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 $465,200
Maximum allowable offer
$242,273
$396/ac · +30.0% target margin

You need $222,927 off asking to hit this margin.

All-in cost$262,866
Net resale$390,059
Projected profit$127,193
ROI+48.4%
Annualized+69.2%
Break-even resale$467/ac
Profit if resale lands off target
-20%
$49,181
-10%
$88,187
0%
$127,193
+10%
$166,199
+20%
$205,205
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-459647
Landlocked · Power at road
1192.5Apr 7, 2026$492,7004135153.5 mi
78
SD-569874
Gravel · Full utilities
1405.7Jul 27, 2026$1,294,4009216668.8 mi
71
SD-539598
Paved · Full utilities
1150.9Sep 28, 2025$1,241,8001,0796426.7 mi
67
SD-177512
Paved · Off grid
254.0Mar 15, 2026$343,9001,3547209.4 mi
66
SD-599694
Dirt · Off grid
1233.8Jan 17, 2025$859,2006968584.8 mi
64
SD-648117
Dirt · Power at road
393.6Mar 11, 2024$412,3001,04779910.2 mi
64
Show adjustment detail for the top comp
  • Tract size (1192.51 ac → 611.93 ac)+22.9%
  • 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.