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Spink County, SD · Sold

SD-807615

1996 County Road 108

$468,700
$1,713/ac · 274 ac
Acreage274 ac
Price per acre$1,713/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedDec 7, 2024
Coordinates44.9917, -98.3793
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands16.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,594 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area216.28 of 273.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$596,650
$486,607$706,693 · $2,180/ac on 274 ac
Asking vs estimate
-21.4%
Priced below 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 $468,700
Maximum allowable offer
$340,943
$1,246/ac · +30.0% target margin

You need $127,757 off asking to hit this margin.

All-in cost$369,923
Net resale$548,918
Projected profit$178,995
ROI+48.4%
Annualized+69.2%
Break-even resale$1,469/ac
Profit if resale lands off target
-20%
$69,211
-10%
$124,103
0%
$178,995
+10%
$233,886
+20%
$288,778
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-907750
Gravel · Off grid
301.8Mar 29, 2026$527,0001,7472,6205.2 mi
84
SD-477260
Gravel · Off grid
211.6Apr 3, 2026$280,3001,3251,7942.1 mi
83
SD-337443
Gravel · Power at road
241.6Dec 10, 2025$399,2001,6532,0012.4 mi
83
SD-487938
Gravel · Full utilities
345.8Mar 1, 2026$752,8002,1772,37610.4 mi
79
SD-437027
Gravel · Full utilities
178.7Jul 14, 2025$455,9002,5512,3664.6 mi
75
SD-257909
Dirt · Off grid
338.6Dec 1, 2024$481,7001,4232,7087.5 mi
74
SD-547886
Landlocked · Power at road
333.0Mar 6, 2025$313,1009401,8943.7 mi
73
SD-948751
Paved · Off grid
623.1Jul 27, 2026$1,075,1001,7252,6877.0 mi
72
SD-868978
Gravel · Off grid
734.5May 31, 2025$648,6008831,7903.3 mi
71
SD-647000
Gravel · Full utilities
175.3Jul 26, 2024$276,8001,5801,5147.1 mi
69
Show adjustment detail for the top comp
  • Tract size (301.75 ac → 273.63 ac)+2.9%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (5 mo)+1.6%

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.