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Perkins County, SD · Sold

SD-459647

1730 County Road 186

$585,800
$491/ac · 1,193 ac
Acreage1,193 ac
Price per acre$491/ac
ZoningRecreational
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedJun 8, 2025
Coordinates45.4944, -102.4049
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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

1 item to verify before you offer.

Risk index
32
Moderate risk
Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power40 ft away

Power at or near the road.

Buildable area1078.51 of 1192.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$694,935
$609,636$780,235 · $583/ac on 1,193 ac
Asking vs estimate
-15.7%
Priced below 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 $585,800
Maximum allowable offer
$397,106
$333/ac · +30.0% target margin

You need $188,694 off asking to hit this margin.

All-in cost$430,860
Net resale$639,341
Projected profit$208,481
ROI+48.4%
Annualized+69.2%
Break-even resale$393/ac
Profit if resale lands off target
-20%
$80,612
-10%
$144,546
0%
$208,481
+10%
$272,415
+20%
$336,349
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-539598
Paved · Full utilities
1150.9Sep 28, 2025$1,241,8001,0795235.3 mi
83
SD-569874
Gravel · Full utilities
1405.7Jul 27, 2026$1,294,4009215426.8 mi
82
SD-528726
Landlocked · Power at road
611.9Jan 24, 2026$389,4006365303.5 mi
76
SD-599694
Dirt · Off grid
1233.8Jan 17, 2025$859,2006966984.8 mi
75
SD-648117
Dirt · Power at road
393.6Mar 11, 2024$412,3001,0476509.6 mi
56
Show adjustment detail for the top comp
  • Tract size (1150.92 ac → 1192.51 ac)-1.1%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (11 mo)+3.7%

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.