Property profile

32940 289Th St Dallas, SD 57529

OFF-MARKET
Land
Property ID
US79-0719702
160 ac lot
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Property summary

AI-generated overview

This exceptional 160-acre property in Tripp County, South Dakota, near Dallas (57529), presents a unique investment opportunity. Zoned AG, the land boasts abundant wildlife, including deer and pheasants, making it an ideal hunting destination. A significant feature is the 7-bedroom, 3-bathroom lodge, currently generating income through VRBO and Airbnb rentals, providing a lucrative off-season revenue stream. The property also includes a variety of outbuildings, enhancing its functionality and storage capacity. These include a 23x22 metal building, a 20x20 garage, a 20x31 barn equipped with dog kennels and game cleaning facilities, a 24x24 metal building, and a 23x16 metal building. Adding to its appeal, the property's size qualifies for a landowner deer tag. Further enhancing the natural beauty, approximately 6,000 trees have been planted, providing excellent cover for wildlife. A flowing creek traverses the property, creating a picturesque and thriving habitat. The asking price is $800,000, at $5,000 per acre. Access is via Dallas, SD and Hwy 18 west to 329th Ave, south to 290th St. The lodge is located east on 290th St. This property offers a blend of recreational enjoyment and income potential, making it an attractive investment for discerning buyers.

Property profile

Verified
Property type Land
Lot 160 ac (6,969,600 SF)
UPID US79-0719702

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32940 289Th St Dallas, SD 57529
Dallas metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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