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    Rapid City, SD
    Agricultural

    Rapid City, SD Agricultural Land / Farmland for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    Agricultural Land Parcel
    Updated: Jun 30
    Agricultural Land Parcel

    3116 Fran Way, Rapid City, SD 57703

    $81,700
    For‑sale farmland parcel in Pennington County
    Direct access off I‑90 via Elk Vale
    Access route includes Homestead Street and Copperfield Drive to Fran Way
    Frame architectural style listed for the property
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, 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.

    Custer Acreage with Frog Ponds
    Custer Acreage with Frog Ponds

    25236 Lower French Creek Road, Custer, SD 57730

    $700,000
    33.23 AC lot

    33.23 acres near Custer with power, well, and fiber.

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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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    Working Ranch Land with Creek
    Working Ranch Land with Creek

    24831 VIP Road, Hermosa, SD 57744

    $795,000
    58.86 AC lot

    58.86-acre ranch property with seasonal Spokane Creek and pasture-meadow terrain, offered with no covenants.

    View details
    Agricultural Land Parcel
    Agricultural Land Parcel

    24901 Big Valley Trail, Custer, SD 57730

    $474,999

    For sale farmland parcel in Custer County with straightforward access via Big Valley Trail.

    View details

    Rapid City, SD Agricultural Land / Farmland Market Trends and Statistics

    Explore 1 agricultural land / farmland for sale in Rapid City, 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 $81,700.

    Sale prices for farmlands in Rapid City, SD start at $81,700, averaging $81,700, and reaching up to $81,700 — 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 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 1 to 5 acres range.

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