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Sully County, SD · Sold

SD-387562

408 County Road 90

$976,500
$3,708/ac · 263 ac
Acreage263 ac
Price per acre$3,708/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedDec 8, 2023
Coordinates44.7843, -100.0388
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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

Sully County, South Dakota. West River grazing and Black Hills recreational parcels.

View Sully market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands13.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,709 ft of deeded road frontage.

Power162 ft away

Power at or near the road.

Buildable area216.14 of 263.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$807,141
$696,813$917,469 · $3,065/ac on 263 ac
Asking vs estimate
+21.0%
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 $976,500
Maximum allowable offer
$461,224
$1,752/ac · +30.0% target margin

You need $515,276 off asking to hit this margin.

All-in cost$500,428
Net resale$742,570
Projected profit$242,142
ROI+48.4%
Annualized+69.2%
Break-even resale$2,066/ac
Profit if resale lands off target
-20%
$93,628
-10%
$167,885
0%
$242,142
+10%
$316,399
+20%
$390,656
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
SD-197822
Gravel · Power at road
317.9Dec 14, 2025$724,7002,2802,9217.3 mi
78
SD-326599
Gravel · Full utilities
131.1Jul 25, 2026$409,1003,1212,4984.9 mi
74
SD-127320
Paved · Off grid
221.0Apr 13, 2025$509,7002,3072,7279.8 mi
73
SD-798765
Gravel · Power at road
629.5Jan 2, 2026$1,150,0001,8272,8667.3 mi
68
SD-246682
Dirt · Off grid
139.2Jul 27, 2024$369,9002,6583,9086.4 mi
67
SD-758143
Landlocked · Off grid
401.1Jun 16, 2024$487,3001,2153,0604.0 mi
67
SD-129105
Gravel · Full utilities
805.3Sep 6, 2025$1,949,1002,4203,40211.5 mi
59
SD-446179
Dirt · Power at road
96.7May 8, 2024$281,8002,9153,34911.8 mi
57
Show adjustment detail for the top comp
  • Tract size (317.9 ac → 263.33 ac)+5.6%
  • Access (Gravel → Paved)+18.0%
  • Market time (8 mo)+2.8%

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.