Rapid City, SD Land for Sale

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Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD

134 properties

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Updated: Jun 18

Land with Panoramic Black Hills Views

4022 Linden Ln, Rapid City, SD 57702

$325,000

1.93 AC lot

Panoramic views of Skyline Drive, Canyon Lake, and the Black Hills within city limits.
Zoned Medium Density Residential offering flexibility for single family, duplex, townhome, or multi‑unit development (buyer to verify).
Spans two parcels, providing ample space and potential.
No covenants, offering freedom and control over property use.
In‑town convenience, combining natural beauty with urban accessibility.

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Updated: Jan 19

East-Facing Residential Build Lot

TBD Lot 15 Villaggio Lane, Rapid City, SD 57702

$169,900

0.46 AC lot

.46‑acre buildable lot in the Villaggio at Golden Eagle neighborhood
Gently sloping lot that faces east, with mature trees along the edge
Natural rock formations on the property with views toward the northeast
Located just off Catron Blvd, near major medical facilities and BH Energy Campus
Modern infrastructure with paved streets and covenants in place

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Commercial Land Parcel

3429 W RAPID, Rapid City, SD 57701

$139,000

General commercial building lot positioned for commercial development in Rapid City.

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Commercial Land

859 Valley Dr, Rapid City, SD 57703

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4 sqft 4.44 AC lot

General Commercial zoning supports a range of commercial development concepts.

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Custom Home Lot in Residential Subdivision

5533 Cloud Peak Drive, Rapid City, SD 57702

$220,000

0.55 AC lot

Build-ready lot in Highpointe Ranch North with utilities available at the lot line.

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Executive Lot in Highpointe Ranch North

5609 Cloud Peak Drive, Rapid City, SD 57702

$270,000

0.87 AC lot

Buildable residential lot in Highpointe Ranch North with essential utilities available at the lot line.

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Land Parcel with Interstate Exposure

Harmony Heights Lane, Rapid City, SD 57702

$399,900

7.47 AC lot

7.47-acre parcel opposite Harmony Heights Apartments, positioned for potential medium- to high-density residential development.

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Rapid City Commercial Lot For Sale

3715 Edwards St, Rapid City, SD 57701

$850,000

5.00 AC lot

5-acre commercial lot with high traffic and visibility.

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Residential Lots in Copperfield Vista

3129 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Premium residential lots in a growing Rapid City location.

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Residential Lots in Copperfield Vista

3124 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Premium residential lots in a growing Rapid City location.

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Commercial Land Near Gas Station

1903 MOON MEADOWS DR, Rapid City, SD 57701

$980,100

Commercially zoned land positioned along Moon Meadows Drive near a convenience and fuel station.

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Residential Lot in Copperfield Vista

3203 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Residential lot for sale in Rapid City's growing Copperfield Vista.

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Residential Lot in Rapid City

3116 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Residential lot for sale in a growing Rapid City subdivision.

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Commercial Land with Street Frontage

4244 HOMESTEAD, Rapid City, SD 57703

$341,022

Homestead Street frontage connects the parcel with nearby residential growth, retail stores, and a bank.

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Residential Lots in Copperfield Vista

3132 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Premium residential lots in a growing Rapid City subdivision.

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Residential Lots in Copperfield Vista

3204 Fran Way, Rapid City, SD 57703

$81,700

0.25 AC lot

Premium lots in Copperfield Vista subdivision, Rapid City, South Dakota.

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Commercial Land Parcel

1503 E ANAMOSA, Rapid City, SD 57701

$599,000

For sale commercial land offering a blank site for future commercial development, subject to buyer due diligence.

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Residential Lots in Copperfield Vista

3218 Fran Way, Rapid City, SD 57703

$87,150

0.29 AC lot

Premium residential lots in a growing Rapid City location.

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Commercial Land Near Interstate

1510 HAINES AVE, Rapid City, SD 57701

$379,000

Commercial lot on Haines Avenue, positioned just off the interstate for local and traveling traffic.

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Residential Land in Copperfield Vista

3212 Fran Way, Rapid City, SD 57703

$81,700

0.24 AC lot

Premium lots in Copperfield Vista subdivision, Rapid City, SD.

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Rapid City Development Site For Sale

3222 Jaffa Garden Wy, Rapid City, SD 57703

Contact for pricing

4.00 AC lot

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

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Residential Building Lot in Subdivision

5520 Wind River Road, Rapid City, SD 57702

$180,000

0.60 AC lot

Build-ready lot with utilities at the lot line in a Rapid City subdivision setting.

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Rapid City Commercial Investment Opportunity

3610 Eglin St, Rapid City, SD 57703

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1.63 AC lot

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

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Executive Lot in Highpointe Ranch North

5414 Wind River Road, Rapid City, SD 57702

$195,000

0.65 AC lot

Build-ready residential lot in Highpointe Ranch North with key utilities available at the lot line.

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Rapid City, SD Land Market Trends and Statistics

Explore 134 land for sale in Rapid City, SD, showcased through 134 active listings on our real estate platform. These investment opportunities span a total of 8,377,459 square feet of properties for sale, with an estimated market value of $37,376,583.

Sale prices for lots in Rapid City, SD start at $34,500, averaging $322,211, and reaching up to $3,279,000 — 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 property segments ranked by active listings on the market

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 average listing prices of real estate assets

Neighborhood	Average Price
Rapid City - 57701	$357.2K
Box Elder - 57719	$560K

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%

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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