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    3103 E Fairgrounds Loop Spearfish, SD 57783

    New
    For Sale
    $1,400,000

    CI Land w/Building - Spearfish, SD

    Property size:
    9,600 SF
    Lot size:
    0.90 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 3103 E Fairgrounds Loop

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot, Paved or Surfaced
    Interior features
    High Visibility, Living Quarters, Storage
    Exterior features
    Highway Access
    Size
    9,600 SF
    Lot size
    0.90 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Forced Air, Natural Gas

    Building Details

    Year built
    1978
    Architectural style
    Other

    Great Peaks Realty Munro & Gran LLC (605) 209-2052 [email protected]

    Listing agent Brandon Harvey (605) 717-7325

    Listing date Dec 11, 2025

    MLS# 86892 Listing URL

    Copyright © 2025 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.

    Overview

    Spearfish Industrial Building For Sale

    Located just off I-90, exit 8, in the Spearfish Industrial Park, this commercial building offers an established income stream and potential for further development. The main floor encompasses approximately 4800 square feet, configured into 4 separate suites and an apartment. The basement mirrors this area with another approximately 4800 square feet, partially built out to include office space, storage space, garage space, and a large walk-in cooler (condenser unit removed). The property has historically maintained 100% occupancy. Situated on a 0.9-acre lot, the site provides room to expand the parking area or the building itself. This property presents a significant investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spearfish Martial Arts Martial Arts School Nuclear Diagnostics LLC Medical Clinic GypsySole Photography Photographer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.886919
    Latitude
    44.51833

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    FAQs

    What type of property is this?
    Industrial property - Commercial building with tenants, expansion potential, located off I-90.
    Where is this industrial property located?
    The property is located at 3103 E Fairgrounds Loop Spearfish, SD.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Established commercial building with tenants in place providing income.; - Located just off I-90, exit 8, in the Spearfish Industrial Park.; - Room to expand parking or the building on .9 acres.
    (605) 717-7325
    Request Owner's contact information
    3103 E Fairgrounds Loop Spearfish, SD 57783
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3103 E Fairgrounds Loop Spearfish, SD 57783
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