Spink County, SD · Sold

SD-475886

5048 County Road 150

$183,300

$2,344/ac · 78.20 ac

Offer report Market this tract

Acreage78.20 ac

Price per acre$2,344/ac

ZoningResidential

Road accessDirt

UtilitiesOff grid

TopographyFlat

ListedDec 20, 2024

Coordinates44.9662, -98.3995

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,601 ft of deeded road frontage.

Power14,068 ft away

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

Buildable area56.01 of 78.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$133,780

$114,276 – $153,285 · $1,711/ac on 78.20 ac

Asking vs estimate

+37.0%

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 $183,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$76,446

$978/ac · +30.0% target margin

You need $106,854 off asking to hit this margin.

All-in cost$82,944

Net resale$123,078

Projected profit$40,134

ROI+48.4%

Annualized+69.2%

Break-even resale$1,153/ac

Profit if resale lands off target

-20%

$15,518

-10%

$27,826

$40,134

+10%

$52,442

+20%

$64,749

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
SD-695394 Dirt · Off grid	54.8	May 10, 2026	$89,400	1,633	1,528	9.2 mi	79
SD-585561 Dirt · Full utilities	61.8	Dec 21, 2024	$155,900	2,522	1,783	2.1 mi	76
SD-477260 Gravel · Off grid	211.6	Apr 3, 2026	$280,300	1,325	1,496	3.4 mi	71
SD-525784 Gravel · Full utilities	72.6	Oct 10, 2024	$177,600	2,445	1,552	9.4 mi	70
SD-484205 Gravel · Power at road	23.1	May 21, 2026	$66,500	2,872	1,689	3.9 mi	68
SD-626907 Gravel · Power at road	163.8	Dec 3, 2023	$391,300	2,388	2,343	1.2 mi	67
SD-566892 Gravel · Power at road	162.1	Sep 12, 2024	$275,300	1,699	1,613	5.8 mi	67
SD-337443 Gravel · Power at road	241.6	Dec 10, 2025	$399,200	1,653	1,668	2.1 mi	66
SD-437027 Gravel · Full utilities	178.7	Jul 14, 2025	$455,900	2,551	1,972	2.9 mi	66
SD-724711 Dirt · Off grid	33.4	Oct 7, 2024	$55,000	1,647	1,497	9.6 mi	63

Show adjustment detail for the top comp

Tract size (54.75 ac → 78.2 ac)-7.5%
Market time (3 mo)+1.1%

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.

Build the listing kit Post a deal or JV