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Perkins County, SD · Sold

SD-151633

5578 County Road 217

$6,800
$1,894/ac · 3.59 ac
Acreage3.59 ac
Price per acre$1,894/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJan 9, 2025
Coordinates45.4259, -102.4867
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
26
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

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.

Power28 ft away

Power at or near the road.

Buildable area2.84 of 3.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,582
$7,516$9,648 · $2,390/ac on 3.59 ac
Asking vs estimate
-20.8%
Priced below the comp set

Weighted from 10 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 $6,800
Maximum allowable offer
$4,904
$1,366/ac · +30.0% target margin

You need $1,896 off asking to hit this margin.

All-in cost$5,321
Net resale$7,895
Projected profit$2,574
ROI+48.4%
Annualized+69.2%
Break-even resale$1,611/ac
Profit if resale lands off target
-20%
$995
-10%
$1,785
0%
$2,574
+10%
$3,364
+20%
$4,153
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-352184
Dirt · Off grid
5.3Jul 27, 2026$10,4001,9362,3207.4 mi
85
SD-951652
Landlocked · Off grid
3.6Jul 27, 2026$6,0001,6512,4649.5 mi
83
SD-572144
Landlocked · Power at road
5.2Oct 19, 2025$10,1001,9422,5795.0 mi
79
SD-490742
Dirt · Power at road
1.9Jul 27, 2026$4,2002,2542,2225.9 mi
79
SD-390596
Dirt · Full utilities
1.7May 9, 2026$5,3003,1572,5684.8 mi
75
SD-861772
Dirt · Off grid
4.0Jul 31, 2024$5,8001,4491,8578.2 mi
73
SD-111927
Landlocked · Power at road
4.4May 12, 2025$10,0002,2613,03612.1 mi
71
SD-792975
Gravel · Off grid
9.5May 11, 2025$17,7001,8632,0912.3 mi
69
SD-752836
Gravel · Off grid
8.6Sep 27, 2024$17,8002,0752,3684.8 mi
61
SD-112945
Gravel · Off grid
9.3Mar 5, 2025$19,7002,1192,39110.3 mi
59
Show adjustment detail for the top comp
  • Tract size (5.35 ac → 3.59 ac)+1.6%
  • Utilities (Off grid → Power at road)+17.6%

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.