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Spink County, SD · Sold

SD-337443

1124 County Road 299

$436,300
$1,806/ac · 242 ac
Acreage242 ac
Price per acre$1,806/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 14, 2024
Coordinates44.9597, -98.3579
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

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
12
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,616 ft of deeded road frontage.

Power79 ft away

Power at or near the road.

Buildable area205.40 of 241.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$448,671
$363,449$533,893 · $1,857/ac on 242 ac
Asking vs estimate
-2.8%
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 $436,300
Maximum allowable offer
$256,383
$1,061/ac · +30.0% target margin

You need $179,917 off asking to hit this margin.

All-in cost$278,176
Net resale$412,777
Projected profit$134,602
ROI+48.4%
Annualized+69.3%
Break-even resale$1,252/ac
Profit if resale lands off target
-20%
$52,046
-10%
$93,324
0%
$134,602
+10%
$175,880
+20%
$217,157
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-477260
Gravel · Off grid
211.6Apr 3, 2026$280,3001,3251,5242.1 mi
85
SD-907750
Gravel · Off grid
301.8Mar 29, 2026$527,0001,7472,2264.7 mi
82
SD-487938
Gravel · Full utilities
345.8Mar 1, 2026$752,8002,1772,0188.8 mi
81
SD-437027
Gravel · Full utilities
178.7Jul 14, 2025$455,9002,5512,0104.8 mi
80
SD-807615
Gravel · Full utilities
273.6May 23, 2025$479,9001,7541,5672.4 mi
79
SD-948751
Paved · Off grid
623.1Jul 27, 2026$1,075,1001,7252,2835.4 mi
76
SD-547886
Landlocked · Power at road
333.0Mar 6, 2025$313,1009401,6094.4 mi
73
SD-566892
Gravel · Power at road
162.1Sep 12, 2024$275,3001,6991,6444.7 mi
72
SD-626907
Gravel · Power at road
163.8Dec 3, 2023$391,3002,3882,3873.0 mi
71
SD-647000
Gravel · Full utilities
175.3Jul 26, 2024$276,8001,5801,2865.0 mi
71
Show adjustment detail for the top comp
  • Tract size (211.58 ac → 241.58 ac)-3.7%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.5%

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.