SD-792975
4818 County Road 228
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Perkins County, South Dakota. West River grazing and Black Hills recreational parcels.
View Perkins market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
510 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 10 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 $8,767 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| SD-352184 Dirt · Off grid | 5.3 | Jul 27, 2026 | $10,400 | 1,936 | 2,178 | 9.1 mi | 80 |
| SD-752836 Gravel · Off grid | 8.6 | Sep 27, 2024 | $17,800 | 2,075 | 2,222 | 2.8 mi | 79 |
| SD-213945 Landlocked · Off grid | 19.2 | Jan 13, 2026 | $22,100 | 1,155 | 1,866 | 4.8 mi | 76 |
| SD-112945 Gravel · Off grid | 9.3 | Mar 5, 2025 | $19,700 | 2,119 | 2,244 | 12.3 mi | 76 |
| SD-572144 Landlocked · Power at road | 5.2 | Oct 19, 2025 | $10,100 | 1,942 | 2,421 | 7.3 mi | 73 |
| SD-151633 Dirt · Power at road | 3.6 | Dec 19, 2025 | $7,100 | 1,976 | 1,905 | 2.3 mi | 72 |
| SD-951652 Landlocked · Off grid | 3.6 | Jul 27, 2026 | $6,000 | 1,651 | 2,312 | 10.3 mi | 70 |
| SD-463691 Paved · Power at road | 15.9 | Feb 4, 2026 | $51,700 | 3,244 | 2,507 | 11.2 mi | 70 |
| SD-111927 Landlocked · Power at road | 4.4 | May 12, 2025 | $10,000 | 2,261 | 2,849 | 13.1 mi | 60 |
| SD-861772 Dirt · Off grid | 4.0 | Jul 31, 2024 | $5,800 | 1,449 | 1,743 | 10.1 mi | 60 |
Show adjustment detail for the top comp
- Tract size (5.35 ac → 9.49 ac)-3.5%
- Access (Dirt → Gravel)+16.3%
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.