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Perkins County, SD · Sold

SD-569874

8894 County Road 377

$1,244,600
$885/ac · 1,406 ac
Acreage1,406 ac
Price per acre$885/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedMay 1, 2026
Coordinates45.3958, -102.4018
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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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,147 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1285.97 of 1405.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,346,495
$1,121,327$1,571,662 · $958/ac on 1,406 ac
Asking vs estimate
-7.6%
Priced below 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 $1,244,600
Maximum allowable offer
$769,425
$547/ac · +30.0% target margin

You need $475,175 off asking to hit this margin.

All-in cost$834,826
Net resale$1,238,775
Projected profit$403,949
ROI+48.4%
Annualized+69.2%
Break-even resale$646/ac
Profit if resale lands off target
-20%
$156,194
-10%
$280,071
0%
$403,949
+10%
$527,826
+20%
$651,704
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-459647
Landlocked · Power at road
1192.5Apr 7, 2026$492,7004137156.8 mi
79
SD-539598
Paved · Full utilities
1150.9Sep 28, 2025$1,241,8001,07989111.7 mi
74
SD-599694
Dirt · Off grid
1233.8Jan 17, 2025$859,2006961,19011.6 mi
74
SD-528726
Landlocked · Power at road
611.9Jan 24, 2026$389,4006369038.8 mi
66
SD-177512
Paved · Off grid
254.0Mar 15, 2026$343,9001,3549984.2 mi
62
SD-648117
Dirt · Power at road
393.6Mar 11, 2024$412,3001,0471,1084.3 mi
56
Show adjustment detail for the top comp
  • Tract size (1192.51 ac → 1405.66 ac)-5.0%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.