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Roberts County, SD · Sold

SD-189066

4422 County Road 196

$1,469,900
$1,878/ac · 783 ac
Acreage783 ac
Price per acre$1,878/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedMar 11, 2024
Coordinates45.5690, -96.8368
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

Roberts County, South Dakota. West River grazing and Black Hills recreational parcels.

View Roberts market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands35.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

4,425 ft of deeded road frontage.

Power2,168 ft away

Service extension needed; get a utility quote.

Buildable area478.94 of 782.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,088,371
$952,089$1,224,652 · $1,390/ac on 783 ac
Asking vs estimate
+35.1%
Priced above 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 $1,469,900
Maximum allowable offer
$621,926
$794/ac · +30.0% target margin

You need $847,974 off asking to hit this margin.

All-in cost$674,790
Net resale$1,001,301
Projected profit$326,511
ROI+48.4%
Annualized+69.2%
Break-even resale$937/ac
Profit if resale lands off target
-20%
$126,251
-10%
$226,381
0%
$326,511
+10%
$426,641
+20%
$526,771
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-209644
Landlocked · Power at road
1189.9Jul 27, 2026$816,4006861,1555.2 mi
83
SD-759275
Gravel · Power at road
910.8Nov 15, 2024$1,178,4001,2941,4606.5 mi
75
SD-389389
Gravel · Off grid
989.2May 20, 2025$1,174,3001,1871,58413.1 mi
74
SD-648391
Gravel · Power at road
480.1Jun 20, 2026$684,5001,4261,2409.3 mi
74
SD-617926
Gravel · Power at road
342.8Aug 3, 2025$682,2001,9901,62311.1 mi
62
SD-648348
Gravel · Full utilities
465.4Feb 27, 2024$800,6001,7201,33212.2 mi
59
Show adjustment detail for the top comp
  • Tract size (1189.92 ac → 782.84 ac)+13.9%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Power at road → Off grid)-15.0%

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.