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    48220 332Nd St Jefferson, SD 59038

    For Sale
    $239,000

    Residential - Jefferson, SD

    Type:Single Family Residence
    Lot size:
    3.07 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 48220 332Nd St

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    17.00.30.3050
    Lot size
    3.07 Acres

    Building Details

    Architectural style
    Other

    NextHome Tri State Realty (712) 224-6398

    Listing agent Terry Hoffman (712) 224-6398

    Listing date Oct 1, 2025

    MLS# 829162 Listing URL

    Copyright © 2025 Northwest Iowa Regional Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Equestrian Property Ready for Development

    This 3.07-acre, fully fenced property is suitable for horses, livestock, or agricultural ventures. It features a 100x270 arena area, three stock pens measuring 60x120, 95x140, and 100x160, respectively, with 20-foot alleyways. The property includes four hydrants and two heated automatic waterers on concrete pads, along with a 50-foot round pen and a 1.0-acre paddock. It is equipped for RV campers with 30-50 amp service and has ample electrical capacity throughout the pens. The equestrian facilities are approximately 2-3 years old. The property also has a designated building site for a new home and is located in Jefferson, SD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Map

    City
    Jefferson
    County
    Union
    State
    South Dakota
    Longitude
    -96.5616368
    Latitude
    42.579066

    FAQs

    What type of property is this?
    Horse & equestrian property - 3.07 acre equestrian property with development potential in Jefferson, SD.
    Where is this horse & equestrian property located?
    The property is located at 48220 332Nd St Jefferson, SD.
    What is the asking price?
    The asking price for this property is $239,000.
    What are key features of this property?
    This property features: - Acreage ideal for horses, livestock, or agriculture.; - Fully fenced property with designated building site for a new home.; - 100x270 arena area, 3 stock pens, and a 50 ft. round pen included.
    (712) 224-6398
    Request Owner's contact information
    48220 332Nd St Jefferson, SD 59038
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    Jefferson, SD 59038
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    48220 332Nd St Jefferson, SD 59038
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