Keystone, SD
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    Keystone, SD Commercial Land for Sale

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    Rapid City, SD Hermosa, SD Hill City, SD
    Commercial Land with Highway Access
    $674,900
    30.12 Acres
    Commercial Land with Highway Access

    13660 Highway 40, Keystone, SD 57751

    30+ acres with a well, power, and two gated entries off Highway 40 for flexible development and recreation.
    • 30+ acres along Hwy 40 near Rushmore Cave
    • Well and power are already in place
    • No covenants reported
    • Two gated highway access points for year‑round entry
    • Varied topography with rolling terrain, rock outcroppings, trees, and open meadow spaces
    Updated: May 19
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    Keystone SD Land Opportunity
    $674,900
    22.83 Acres
    Keystone SD Land Opportunity

    1201A Old Hill City Road, Keystone, SD 57751

    22.83 acres of commercial land in Keystone, South Dakota.
    • 22.83 acres commercially zoned within Keystone city limits.
    • Bordered by USFS on two sides, ensuring privacy.
    • Prime location near Mt. Rushmore and other Black Hills attractions.
    • Suitable for campground, glamping, cabins, or private residence.
    • Existing infrastructure of old mining roads.
    Updated: May 7
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    Keystone Land For Sale
    $674,900
    Keystone Land For Sale

    Commercial land available in Keystone, South Dakota.

    1201A Old Hill City Road, Keystone, SD 57751

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Keystone, 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 Land For Sale
    $399,000
    3.07 Acres
    Custer Land For Sale

    Commercial land with high traffic and great visibility.

    TBD Corral Drive, Custer, SD 57730

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    Rapid City Farm/Estate Land
    $3,399,000
    324.67 Acres
    Rapid City Farm/Estate Land

    Large, developable land near Rapid City with residential potential.

    0000 North of Bethpage Drive, Rapid City, SD 57702

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    Commercial Land in Downtown Custer
    $299,000
    0.34 Acres
    Commercial Land in Downtown Custer

    High-visibility commercial lots in downtown Custer, ready to build.

    TBD Mt. Rushmore Road, Custer, SD 57730

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    Commercial Lot in Growing Corridor
    $574,992
    1.11 Acres
    Commercial Lot in Growing Corridor

    1.11-acre commercial lot in a developing Rapid City area.

    Stumer Road, Rapid City, SD 57701

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    Keystone, SD Commercial Land Market Trends and Statistics

    Explore 3 commercial land for sale in Keystone, SD, showcased through 3 active listings 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 $2,024,700.

    Sale prices for commercial lots in Keystone, SD start at $674,900, averaging $674,900, and reaching up to $674,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 7
    Recreation land 5
    Commercial land 3
    Industrial land 1
    Mining land & claims 1

    Demographics Overview

    Population 996
    Population Growth (5Y) -0.4%
    Median Household Income $100,714
    College Educated 68.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    57751 $674.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.40%
    Property Tax per SF $29.69 per SF
    Tax Rate vs County Average 0.02 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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