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Spink County, SD · Sold

SD-328256

1359 County Road 187

$665,200
$1,528/ac · 435 ac
Acreage435 ac
Price per acre$1,528/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 23, 2024
Coordinates44.9717, -98.2312
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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
21
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power203 ft away

Power at or near the road.

Buildable area364.78 of 435.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$599,664
$498,959$700,369 · $1,377/ac on 435 ac
Asking vs estimate
+10.9%
Priced above 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 $665,200
Maximum allowable offer
$342,665
$787/ac · +30.0% target margin

You need $322,535 off asking to hit this margin.

All-in cost$371,792
Net resale$551,691
Projected profit$179,899
ROI+48.4%
Annualized+69.2%
Break-even resale$928/ac
Profit if resale lands off target
-20%
$69,561
-10%
$124,730
0%
$179,899
+10%
$235,069
+20%
$290,238
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-948751
Paved · Off grid
623.1Jul 27, 2026$1,075,1001,7251,6521.8 mi
82
SD-907750
Gravel · Off grid
301.8Mar 29, 2026$527,0001,7471,61110.9 mi
78
SD-547886
Landlocked · Power at road
333.0Mar 6, 2025$313,1009401,16510.5 mi
74
SD-487938
Gravel · Full utilities
345.8Mar 1, 2026$752,8002,1771,46113.5 mi
74
SD-257909
Dirt · Off grid
338.6Dec 1, 2024$481,7001,4231,6655.1 mi
73
SD-337443
Gravel · Power at road
241.6Dec 10, 2025$399,2001,6531,2306.2 mi
72
SD-477260
Gravel · Off grid
211.6Apr 3, 2026$280,3001,3251,1035.3 mi
72
SD-419468
Dirt · Off grid
1047.5Dec 29, 2025$1,039,5009921,5685.8 mi
69
SD-868978
Gravel · Off grid
734.5May 31, 2025$648,6008831,1005.5 mi
68
SD-807615
Gravel · Full utilities
273.6May 23, 2025$479,9001,7541,1347.4 mi
67
Show adjustment detail for the top comp
  • Tract size (623.12 ac → 435.35 ac)+11.5%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%

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.