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    Rapid City, SD Commercial Land for Sale

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    Box Elder, SD Black Hawk, SD Summerset, SD
    46 results
    Rapid City Development Opportunity
    $610,000
    4.00 Acres

    Rapid City Development Opportunity

    3222 Jaffa Garden Way, Rapid City, SD 57703

    4-acre commercial/multifamily development site in established Orchard Meadows subdivision.

    • Prime 4‑acre development site in established Orchard Meadows subdivision.
    • High visibility location on Elk Vale Road, a key corridor connecting I‑90 and Highway 16.
    • Suitable for commercial or multifamily development (retail, office, multifamily).
    • Level topography, paved access, and public utilities for efficient development.
    • One of the last remaining lots in the subdivision.
    Updated: Mar 23
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    Rapid City Commercial Development Land
    $1,875,885
    7.23 Acres

    Rapid City Commercial Development Land

    621 E Mall Drive, Rapid City, SD 57702

    7.23-acre commercial development land in active retail area.

    • Prime commercial development land in a high‑traffic location.
    • Excellent location next to Hilton Garden Inn, near Rushmore Crossing, Fleet Farm, and Uptown Rapid retail center.
    • Convenient access to I‑90 (Exit 59) and major commercial corridors.
    • Infrastructure already extended to the site, including water, sewer, electric, and gas.
    • Zoned General Commercial, supporting hospitality, restaurant, retail, and service‑oriented businesses.
    Updated: Mar 16
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    Commercial Lot in Rapid City
    $150,000
    0.30 Acres

    Commercial Lot in Rapid City

    General commercial building lot on Rapid City's thriving west side.

    3429 W Rapid Street, Rapid City, SD 57701
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    Commercial Land in Rapid City
    $150,000
    0.30 Acres

    Commercial Land in Rapid City

    General commercial building lot on Rapid City's thriving west side.

    3429 W Rapid Street, Rapid City, SD 57701
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    Rapid City Development Opportunity
    $2,340,000
    15.34 Acres

    Rapid City Development Opportunity

    15.34-acre commercial land in Rapid City's retail corridor.

    E Anamosa Street, Rapid City, SD 57701
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    Retail Site on Haines Avenue
    $220,000
    0.51 Acres

    Retail Site on Haines Avenue

    Prime retail location in Rapid City's commercial corridor.

    2440 Haines Avenue, Rapid City, SD 57701
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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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    Rapid City Commercial Land I-90
    $1,700,000
    6.19 Acres

    Rapid City Commercial Land I-90

    Exceptional commercial land with unmatched I-90 potential in Rapid City.

    TBD Latrobe Avenue, Rapid City, SD 57701
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    East Mall Drive Frontage Property
    $1,842,000
    9.95 Acres

    East Mall Drive Frontage Property

    Prime commercial land with high visibility and development potential.

    2827 E Mall Dr, Rapid City, SD 57701
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    Commercial/Industrial
    $895,000
    5.00 Acres

    Commercial/Industrial

    Commercial land · 5.00 Acres

    3715 Edwards Street, Rapid City, SD 57701
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    Prime Development Land Opportunity
    $5,800,000
    24.95 Acres

    Prime Development Land Opportunity

    High-traffic, high-visibility land for commercial development in Rapid City.

    TBD Elk Vale Road, Rapid City, SD 57703
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    East Mall Drive Frontage Property
    $1,818,000

    East Mall Drive Frontage Property

    Prime commercial land with high visibility and development potential.

    2941 E Mall Dr, Rapid City, SD 57701
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    Rapid City Development Site For Sale
    $610,000
    4.00 Acres

    Rapid City Development Site For Sale

    4-acre commercial/multifamily development site in established Orchard Meadows subdivision.

    3222 Jaffa Garden Wy, Rapid City, SD 57703
    View details
    Retail Site on Haines Avenue
    $220,000
    0.51 Acres

    Retail Site on Haines Avenue

    Prime retail location with high visibility and traffic.

    2440 Haines Avenue, Rapid City, SD 57701
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    Rapid City Commercial Investment Opportunity
    $710,000
    1.63 Acres

    Rapid City Commercial Investment Opportunity

    Shovel-ready 1.63-acre commercial lot in a dynamic growth area.

    3610 Eglin St, Rapid City, SD 57703
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    Commercial Land in Rapid City
    $250,000
    0.96 Acres

    Commercial Land in Rapid City

    Commercial lot in a high-traffic retail corridor near hotels.

    1025 Endeavour, Rapid City, SD 57703
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    High Exposure Commercial Land
    $850,000
    5.00 Acres

    High Exposure Commercial Land

    5-acre lot with high traffic and visibility near I-90.

    3637 Edwards St, Rapid City, SD
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    Rapid City Commercial Land Opportunity
    $2,400,000
    16.27 Acres

    Rapid City Commercial Land Opportunity

    Highly visible corner lot in expanding retail corridor near I-90.

    TBD N Lacrosse Street, Rapid City, SD 57701
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    Commercial Lot in Rapid City
    $725,000
    4.46 Acres

    Commercial Lot in Rapid City

    Strategically positioned commercial lot in a rapidly growing corridor.

    865 N Valley Dr, Rapid City, SD
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    Rapid City Commercial Land Available
    $625,000
    1.40 Acres

    Rapid City Commercial Land Available

    1.4 acre commercial lot in Rapid City's medical corridor.

    107 Minnesota Street, Rapid City, SD 57701
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    Rapid City Commercial Land For Sale
    $1,200,000
    11.36 Acres

    Rapid City Commercial Land For Sale

    Highly visible 11.36 acre lot in expanding retail corridor.

    TBD N Mall Drive, Rapid City, SD 57701
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    Rapid City Commercial Land For Sale
    $895,000
    5.00 Acres

    Rapid City Commercial Land For Sale

    5-acre commercial lot with high traffic and visibility.

    3715 Edwards Street, Rapid City, SD 57701
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    Prime Commercial Lot at Exit 61
    $250,000

    Prime Commercial Lot at Exit 61

    Exceptional commercial lot in Rapid City's thriving retail corridor.

    1025 Endeavour Blvd, Rapid City, SD 57703
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    Land For Sale
    $150,000

    Land For Sale

    Commercial land available on W Rapid Street, Rapid City.

    3429 W Rapid Street, Rapid City, SD 57701
    View details

    Rapid City, SD Commercial Land Investment Opportunities Market Analysis

    Explore 47 commercial land for sale in Rapid City, SD, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 1,500 square feet of properties for sale, with an estimated market value of $229,000.

    Sale prices for commercial lots in Rapid City, SD start at $229,000, averaging $229,000, and reaching up to $229,000 — 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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    Top Commercial Asset Segments

    Commercial land 48
    Residential land & home lots 38
    Industrial land 5
    Recreation land 1

    Property Size Breakdown

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

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    57701 $933.8K
    57702 $1.2M
    57703 $1.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per sq ft
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

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