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Spink County, SD · Sold

SD-647000

1914 County Road 340

$336,800
$1,922/ac · 175 ac
Acreage175 ac
Price per acre$1,922/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 18, 2023
Coordinates44.9238, -98.2694
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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope8.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,467 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area157.17 of 175.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$441,033
$368,059$514,007 · $2,516/ac on 175 ac
Asking vs estimate
-23.6%
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 $336,800
Maximum allowable offer
$252,019
$1,438/ac · +30.0% target margin

You need $84,781 off asking to hit this margin.

All-in cost$273,441
Net resale$405,751
Projected profit$132,310
ROI+48.4%
Annualized+69.2%
Break-even resale$1,696/ac
Profit if resale lands off target
-20%
$51,160
-10%
$91,735
0%
$132,310
+10%
$172,885
+20%
$213,460
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-477260
Gravel · Off grid
211.6Apr 3, 2026$280,3001,3252,0345.4 mi
87
SD-437027
Gravel · Full utilities
178.7Jul 14, 2025$455,9002,5512,6829.4 mi
80
SD-337443
Gravel · Power at road
241.6Dec 10, 2025$399,2001,6532,2685.0 mi
77
SD-566892
Gravel · Power at road
162.1Sep 12, 2024$275,3001,6992,1934.1 mi
76
SD-907750
Gravel · Off grid
301.8Mar 29, 2026$527,0001,7472,9708.8 mi
74
SD-487938
Gravel · Full utilities
345.8Mar 1, 2026$752,8002,1772,69310.1 mi
73
SD-807615
Gravel · Full utilities
273.6May 23, 2025$479,9001,7542,0917.1 mi
73
SD-626907
Gravel · Power at road
163.8Dec 3, 2023$391,3002,3883,1868.0 mi
72
SD-525784
Gravel · Full utilities
72.6Oct 10, 2024$177,6002,4452,1115.6 mi
70
SD-257909
Dirt · Off grid
338.6Dec 1, 2024$481,7001,4233,0691.3 mi
67
Show adjustment detail for the top comp
  • Tract size (211.58 ac → 175.26 ac)+5.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.