Agricultural

New Underwood, SD Agricultural Land / Farmland for Sale

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Box Elder, SD Caputa, SD Rapid City, SD
New Underwood Grassland Near Black Hills
Updated: Dec 2, 2024
New Underwood Grassland Near Black Hills

15975-15991 Pioneer Rd, New Underwood, SD, New Underwood, SD 57761

$3,300,000
2,000.00 AC lot
2000± acres of contiguous grassland near Rapid City and the Black Hills.
Water piped across the entire acreage with rubber cattle tanks and 8 consistent water dams.
Fully fenced, predominantly within the last 10 years, with north and south access.
7 Contiguous Pastures Over Rolling Hills with Western Wheat, Crested Wheat & Timothy Grass.
CRP Grasslands Income Available.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Underwood, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Build-Ready Ranch Acreage with Barn
Build-Ready Ranch Acreage with Barn

12494 ADAMS, Whitewood, SD 57793

$299,000
7.50 AC lot

Privacy-focused property with utilities, a level homesite, and a new steel barn near Sturgis.

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Hermosa Acreage with No Covenants
Hermosa Acreage with No Covenants

13604 Ghost Canyon Road, Hermosa, SD 57744

$399,900
11.57 AC lot

11.57 acres of pasture near Keystone and Hermosa, SD.

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Rolling Hills Hunting and Grazing Land
Rolling Hills Hunting and Grazing Land

149.82+/- acres, Whitewood, SD 57793

$4,330,087
149.83 AC lot

Rolling hills and meadows with a well, wooded draws, and abundant wildlife for hunting, grazing, or development.

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Ranch Land with Seasonal Creek
Ranch Land with Seasonal Creek

VIP Road, Hermosa, SD 57744

$880,000
70.00 AC lot

70 acres of ranch land with gently rolling pasture and seasonal Spokane Creek, offered with no covenants.

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New Underwood, SD Agricultural Land / Farmland Market Trends and Statistics

Explore 1 agricultural land / farmland for sale in New Underwood, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $3,300,000.

Sale prices for farmlands in New Underwood, SD start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,274
Population Growth (5Y) -12.6%
Median Household Income $101,042
College Educated 36.9%

High-Yield Neighborhoods for Investment

Identify New Underwood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57761 $3.3M

Taxes & Financing

Tax Rate (average for all types) 1.56%
Property Tax per SF $31.98 per SF
Tax Rate vs County Average 0.18 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

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