Rapid City, SD
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    Rapid City, SD Land for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD
    89 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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    Residential Land with Panoramic Views
    $350,000
    1.93 Acres

    Residential Land with Panoramic Views

    4022 Linden Ln, Rapid City, SD 57702

    Rare Rapid City land with development potential and stunning views.

    • Panoramic views of Skyline Drive, Canyon Lake, and the Black Hills.
    • Zoned Medium Density Residential offering flexibility.
    • Spans two parcels, offering increased space.
    • No covenants, providing freedom.
    • In‑town convenience and location.
    Updated: Feb 23
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    Rapid City Commercial Development Land
    $1,875,885
    7.23 Acres

    Rapid City Commercial Development Land

    7.23-acre commercial development land in active retail area.

    621 E Mall Drive, Rapid City, SD 57702
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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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    Rapid City Commercial Lot Opportunity
    $89,900
    0.27 Acres

    Rapid City Commercial Lot Opportunity

    Prime commercial lot in high-traffic area, excellent visibility.

    530 E NORTH, Rapid City, SD 57701
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    Land with Panoramic Black Hills Views
    $350,000
    1.93 Acres

    Land with Panoramic Black Hills Views

    Rare land opportunity with development potential and stunning views.

    4022 LINDEN LN, Rapid City, SD 57702
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    Rapid City Commercial Building Lot
    $150,000
    0.30 Acres

    Rapid City Commercial Building Lot

    General commercial building lot in high-traffic Rapid City location.

    3429 W RAPID, Rapid City, SD 57701
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    Residential Lot in Highpointe Ranch
    $93,000
    0.24 Acres

    Residential Lot in Highpointe Ranch

    Unbuilt lot in Rapid City's premier luxury neighborhood.

    6013 Wind River Road, Rapid City, SD 57702
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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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    Residential Lot in Golden Eagle
    $175,000
    0.46 Acres

    Residential Lot in Golden Eagle

    0.46-acre residential lot in desirable southwest Rapid City location.

    TBD Lot 15 Villaggio Lane, Rapid City, SD 57702
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    Residential Lot with Panoramic Views
    $220,000
    0.55 Acres

    Residential Lot with Panoramic Views

    High-end executive lot in Rapid City's coveted Highpointe Ranch.

    5533 Cloud Peak 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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    Residential Lot in Golden Eagle
    $170,000
    0.38 Acres

    Residential Lot in Golden Eagle

    Desirable Rapid City lot with mature trees and great views.

    TBD Lot 14 Villaggio Lane, Rapid City, SD 57702
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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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    Highpointe Ranch Residential Lot
    $270,000
    0.87 Acres

    Highpointe Ranch Residential Lot

    Executive lot in Rapid City's coveted Highpointe Ranch North.

    5609 Cloud Peak Drive, Rapid City, SD 57702
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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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    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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    Residential Land in Rapid City
    $50,500
    0.24 Acres

    Residential Land in Rapid City

    City lot with mature trees, close to downtown.

    TBD WOOD AVE, Rapid City, SD 57701
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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, SD Land Investment Opportunities Market Analysis

    Explore 151 land for sale in Rapid City, SD, showcased through 89 active listings on our real estate platform. These investment opportunities span a total of 17,853 square feet of properties for sale, with an estimated market value of $7,229,000.

    Sale prices for lots in Rapid City, SD start at $229,000, averaging $3,614,500, and reaching up to $7,000,000 — 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 47
    Residential land & home lots 37
    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 Strategic 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
    57702 $390.8K
    57703 $490.8K
    57701 $1.1M

    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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