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Brand New 24x48 Industrial Shop
For Sale
$495,000

Tract 12D Lookout Vista Road, Spearfish, SD 57783

LAND, Spearfish, SD

Property SizeContact for details
Lot Size4.10 Acres
Days on Market74

Property Features for Tract 12D Lookout Vista Road

General Information

Property type Land
Property subtype Other
Subdivision Lookout Mountain Subdivision
Lot features Scattered Timber, Wooded Lot
Elementary school district Spearfish
Middle school district Spearfish
High school district Spearfish
Directions From I-90 Exit 10, go 1/2 mile north on Highway 85, 1.5 miles east on Kerwin Lane, turn right onto Lookout Mountain Road for 1 mile, then right onto Lookout Vista Rd follow to the property gate.
Standard status Active
Lot size 4.10 Acres
Listing Agency: Great Peaks Realty
Listed By: Heath Gran · License #12630
Added: Jun 8 Changed: Aug 19 Last Checked: Aug 20 at 3:06PM
MLS# 89012

Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A brand new 24x48 industrial shop sits on a 4.1-acre lot (Tract 12D Lookout Vista Road) at the top of Lookout Mountain. The building is constructed by Morton and features 16-ft side walls and a 20-ft overhead door, supported by a shop layout suitable for a variety of work and storage needs. The property is already equipped with electricity, and the developer is currently installing a central water system.

The site is described as offering views of the Black Hills and Spearfish lights, with an easy drive to Spearfish described as just minutes away. Land adjacent to the west is owned by the City of Spearfish, providing open space.

This offering is well suited to buyers who want a newer, purpose-built shop with practical dimensions for vehicles, equipment, or light industrial use, paired with acreage for added flexibility. With electricity in place and central water being installed, it supports both operational and day-to-day property needs for an owner-operator or small business requiring a dedicated on-site workspace.

Key Highlights

  • Brand new 24x48 shop on a 4.1‑acre lot at the top of Lookout Mountain
  • Morton building with 16‑ft side walls and a 20‑ft overhead door
  • Electricity on site; developer is installing a central water system

Property Analytics

Current Use

Warehouses

Lease Details

16 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 57783, SD

16,165
Population
8,347
Households
1.9
Avg Household Size
41
Median Age
40%
College-Educated
96%
High-School Grad
213.2 sq mi
ZIP Area
76
Density / Sq Mi
$64,970
Median Household Income
$35,014
Median Earnings
$946
Median Rent
$332,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - New Morton-built shop on 4.1 acres with 16-ft side walls and a 20-ft overhead door.
Where is this warehouse located?
The property is located at Tract 12D Lookout Vista Road Spearfish, SD.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brand new 24x48 shop on a 4.1‑acre lot at the top of Lookout Mountain; Morton building with 16‑ft side walls and a 20‑ft overhead door; Electricity on site; developer is installing a central water system
More about this property
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