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Spink County, SD · Sold

SD-353707

493 County Road 303

$50,600
$3,137/ac · 16.13 ac
Acreage16.13 ac
Price per acre$3,137/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedMay 19, 2025
Coordinates44.8457, -98.3079
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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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power15 ft away

Power at or near the road.

Buildable area13.87 of 16.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,540
$36,854$50,225 · $2,699/ac on 16.13 ac
Asking vs estimate
+16.2%
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 $50,600
Maximum allowable offer
$24,880
$1,542/ac · +30.0% target margin

You need $25,720 off asking to hit this margin.

All-in cost$26,995
Net resale$40,057
Projected profit$13,062
ROI+48.4%
Annualized+69.2%
Break-even resale$1,819/ac
Profit if resale lands off target
-20%
$5,050
-10%
$9,056
0%
$13,062
+10%
$17,067
+20%
$21,073
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-103510
Dirt · Full utilities
14.0Jan 20, 2026$40,4002,8882,3873.9 mi
82
SD-853492
Dirt · Off grid
13.8Jan 15, 2026$38,1002,7593,27012.2 mi
81
SD-484205
Gravel · Power at road
23.1May 21, 2026$66,5002,8722,6107.1 mi
78
SD-695394
Dirt · Off grid
54.8May 10, 2026$89,4001,6332,3611.4 mi
76
SD-724711
Dirt · Off grid
33.4Oct 7, 2024$55,0001,6472,3132.0 mi
67
SD-894741
Dirt · Full utilities
34.1Apr 10, 2024$112,7003,3033,3055.9 mi
63
Show adjustment detail for the top comp
  • Tract size (13.99 ac → 16.13 ac)-1.5%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (7 mo)+2.4%

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.