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Spink County, SD · Sold

SD-525784

8812 County Road 56

$208,700
$2,873/ac · 72.63 ac
Acreage72.63 ac
Price per acre$2,873/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedSep 18, 2023
Coordinates44.8469, -98.3070
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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

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

View Spink market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands19.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,172 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area55.34 of 72.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$217,848
$174,644$261,052 · $2,999/ac on 72.63 ac
Asking vs estimate
-4.2%
In line with the comp set

Weighted from 10 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 $208,700
Maximum allowable offer
$124,484
$1,714/ac · +30.0% target margin

You need $84,216 off asking to hit this margin.

All-in cost$135,065
Net resale$200,420
Projected profit$65,355
ROI+48.4%
Annualized+69.3%
Break-even resale$2,021/ac
Profit if resale lands off target
-20%
$25,271
-10%
$45,313
0%
$65,355
+10%
$85,397
+20%
$105,439
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-695394
Dirt · Off grid
54.8May 10, 2026$89,4001,6332,5931.4 mi
81
SD-585561
Dirt · Full utilities
61.8Dec 21, 2024$155,9002,5223,0268.3 mi
77
SD-484205
Gravel · Power at road
23.1May 21, 2026$66,5002,8722,8677.1 mi
74
SD-477260
Gravel · Off grid
211.6Apr 3, 2026$280,3001,3252,5399.8 mi
72
SD-475886
Dirt · Off grid
78.2Jan 21, 2025$187,5002,3984,3389.4 mi
71
SD-647000
Gravel · Full utilities
175.3Jul 26, 2024$276,8001,5802,1425.6 mi
69
SD-894741
Dirt · Full utilities
34.1Apr 10, 2024$112,7003,3033,6305.8 mi
67
SD-437027
Gravel · Full utilities
178.7Jul 14, 2025$455,9002,5513,34810.4 mi
65
SD-566892
Gravel · Power at road
162.1Sep 12, 2024$275,3001,6992,7383.6 mi
65
SD-337443
Gravel · Power at road
241.6Dec 10, 2025$399,2001,6532,8318.2 mi
64
Show adjustment detail for the top comp
  • Tract size (54.75 ac → 72.63 ac)-5.9%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.1%

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.