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Perkins County, SD · Sold

SD-126682

3841 County Road 362

$219,400
$1,576/ac · 139 ac
Acreage139 ac
Price per acre$1,576/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedFeb 9, 2026
Coordinates45.4779, -102.5539
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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

3 items to verify before you offer.

Risk index
27
Low risk
Wetlands25.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,072 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area97.99 of 139.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$222,611
$188,377$256,845 · $1,599/ac on 139 ac
Asking vs estimate
-1.4%
In line with the comp set

Weighted from 5 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 $219,400
Maximum allowable offer
$127,206
$914/ac · +30.0% target margin

You need $92,194 off asking to hit this margin.

All-in cost$138,019
Net resale$204,802
Projected profit$66,784
ROI+48.4%
Annualized+69.3%
Break-even resale$1,078/ac
Profit if resale lands off target
-20%
$25,823
-10%
$46,304
0%
$66,784
+10%
$87,264
+20%
$107,744
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-996764
Paved · Power at road
147.7Jul 27, 2026$198,9001,3461,2193.5 mi
86
SD-177512
Paved · Off grid
254.0Mar 15, 2026$343,9001,3541,70111.7 mi
68
SD-145890
Dirt · Off grid
78.4Oct 13, 2025$108,9001,3881,78912.2 mi
68
SD-528726
Landlocked · Power at road
611.9Jan 24, 2026$389,4006361,5394.7 mi
62
SD-648117
Dirt · Power at road
393.6Mar 11, 2024$412,3001,0471,8898.5 mi
58
Show adjustment detail for the top comp
  • Tract size (147.72 ac → 139.2 ac)+1.6%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Full utilities)+22.0%

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.