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    3225 Old Belle Rd Spearfish, SD 57783

    For Sale
    $900,000

    CI Land w/Building - Spearfish, SD

    Property size:
    3,950 SF
    Lot size:
    1.62 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 6 at 4:06 am

    Property Features for 3225 Old Belle Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking features
    Parking Lot
    Interior features
    High Visibility, Kitchen Area, Laundry, Living Quarters, Manager On-site, Storage
    Exterior features
    Hi-traffic Location, Equipment Building, Shed, Trees
    Basement Y/N
    1
    Size
    3,950 SF
    Lot size
    1.62 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Hot Water (Heating), Radiant, Radiant Floor
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1967
    Floors in Building
    2
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

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

    Listing agent Scot Munro (605) 717-7325

    Listing date Sep 23, 2025

    MLS# 86066 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 Land with Income Potential

    This investment property in Spearfish, South Dakota, offers a versatile opportunity on 1.62 acres located just off Exit 8. The property includes a barn, mostly finished and currently leased as office and storage space. Additionally, there is an updated duplex rental home, with each unit featuring 2 bedrooms and 1 bathroom. The ample land allows for future expansion, equipment storage, or the construction of additional structures. Currently, a local landscaping company leases space on the property. Prior to closing, this business will need to be sold, or the lease will need to be addressed if the land and barn are sold. The property encompasses a total of 3950 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Startz & Startz Landscaping, ... Landscaper

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.890694
    Latitude
    44.519279

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    FAQs

    What type of property is this?
    Investment property - 1.62 acres with barn, duplex, and expansion possibilities.
    Where is this investment property located?
    The property is located at 3225 Old Belle Rd Spearfish, SD.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - 1.62-acre investment property with expansion potential.; - Updated duplex rental home (2 bedrooms, 1 bathroom per unit).; - Barn currently leased as office & storage space.
    (605) 717-7325
    Request Owner's contact information
    3225 Old Belle Rd Spearfish, SD 57783
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    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
    3225 Old Belle Rd Spearfish, SD 57783
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