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Spink County, SD · Sold

SD-269409

5290 County Road 39

$1,005,800
$1,002/ac · 1,004 ac
Acreage1,004 ac
Price per acre$1,002/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 28, 2024
Coordinates44.8414, -98.4520
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

2 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope4.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,248 ft away

A long utility run — price in solar/off-grid instead.

Buildable area891.50 of 1003.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$779,000
$666,873$891,127 · $776/ac on 1,004 ac
Asking vs estimate
+29.1%
Priced above the comp set

Weighted from 8 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 $1,005,800
Maximum allowable offer
$445,143
$444/ac · +30.0% target margin

You need $560,657 off asking to hit this margin.

All-in cost$482,980
Net resale$716,680
Projected profit$233,700
ROI+48.4%
Annualized+69.2%
Break-even resale$523/ac
Profit if resale lands off target
-20%
$90,364
-10%
$162,032
0%
$233,700
+10%
$305,368
+20%
$377,036
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-419468
Dirt · Off grid
1047.5Dec 29, 2025$1,039,5009928168.4 mi
84
SD-948751
Paved · Off grid
623.1Jul 27, 2026$1,075,1001,72586012.4 mi
76
SD-868978
Gravel · Off grid
734.5May 31, 2025$648,6008835739.5 mi
71
SD-487938
Gravel · Full utilities
345.8Mar 1, 2026$752,8002,1777610.6 mi
70
SD-907750
Gravel · Off grid
301.8Mar 29, 2026$527,0001,7478396.5 mi
68
SD-547886
Landlocked · Power at road
333.0Mar 6, 2025$313,1009406068.6 mi
61
SD-257909
Dirt · Off grid
338.6Dec 1, 2024$481,7001,4238679.5 mi
58
SD-328256
Dirt · Power at road
435.4Feb 14, 2025$697,8001,60388714.1 mi
58
Show adjustment detail for the top comp
  • Tract size (1047.48 ac → 1003.66 ac)+1.3%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (8 mo)+2.6%

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.