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    4500 W Nike Rd Rapid City, SD 57701

    For Sale
    $500,000

    Acreage - Rapid City, SD

    Lot size:
    21.88 Acres
    Days on Market:
    161
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 4500 W Nike Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agriculture
    Exterior features
    Corral, Fenced Perimeter, Hay Barn, Equipment Building, Stables, Livestock Building, Shed, Shop, Shelter Belts, Trees
    Fencing
    Fenced, Perimeter
    Lot size
    21.88 Acres

    Building Details

    Architectural style
    Other
    Additional Structures
    Barn(s), Corral(s), Packing Shed, Shed(s), Stable(s)

    Keller Williams Realty Black Hills (605) 343-7500 [email protected]

    Listing agent Thomas Karp (605) 343-7500

    Listing date Jun 30, 2025

    MLS# 84628 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

    Rapid City Acreage Opportunity

    This 21.88-acre agricultural land is located on the edge of Rapid City, South Dakota. Zoned for agriculture, the property offers possibilities for building a home and keeping livestock. The land may also be suitable for future residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Law Firm Spa & Massage Garden Center Electrical Service Daycare Center Computer & Electronic Repair Tech Support Center Cosmetics Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.209187
    Latitude
    44.130128

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    FAQs

    What type of property is this?
    Land - 21.88 acres near Rapid City, South Dakota.
    Where is this land located?
    The property is located at 4500 W Nike Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - 21.88 acres of land with no covenants, offering flexibility.; - Suitable for livestock and chickens.; - Includes a corral, hay barn, stables, livestock building, shed, and shop.
    (605) 343-7500
    Request Owner's contact information
    4500 W Nike Rd Rapid City, SD 57701
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    Rapid City, SD 57701
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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
    4500 W Nike Rd Rapid City, SD 57701
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