Industrial Development
For Sale
$410,000
Old Folsom Road, Rapid City, SD 57701
LAND - Rapid City, SD
Property SizeContact for details
Lot Size13.32 Acres
Days on Market1306
Property Features for Old Folsom Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Industrial
Lot features
Meadow, Platted, Interior Lot
Elementary school district
Rapid City
Middle school district
Rapid City
High school district
Rapid City
Directions
Head south on Cambell Street past Elk Vale. Turn east onto Old Folsom Road. Land is south of After Hours Autoglass & Etching.
Subdivision
Black Gap
Standard status
Active
Lot size
13.32 Acres
Listing Agency:
Keller Williams Realty Black Hills RC
(605) 343-7500
Listed By:
Christopher Long · License #1840
(605) 939-4489
Added: Feb 7, 2023
Changed: Jun 10
Last Checked: Sep 5 at 3:06PM
MLS# 75010
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.
This parcel of industrial development land totals 13.32 acres and is described as ready for development. Public remarks indicate the property directly borders the new Black Hills Industrial Center, where development is already underway, and that additional acreage may be available to the south.
The site is located along Heartland Express south of Catron Boulevard in Rapid City, South Dakota, with frontage along Old Folsom Road. The remarks also note good truck access to support industrial development.
For buyers or developers seeking land for industrial expansion, this property offers an opportunity to position alongside the Black Hills Industrial Center as it develops. The planned center is described as targeting companies in the technology and value-added agriculture industries, with the intent to create more than 2,000 professional, high-paying jobs. If you are evaluating scale and phasing options, the possibility of adding acreage to the south is highlighted in the listing materials.
The site is located along Heartland Express south of Catron Boulevard in Rapid City, South Dakota, with frontage along Old Folsom Road. The remarks also note good truck access to support industrial development.
For buyers or developers seeking land for industrial expansion, this property offers an opportunity to position alongside the Black Hills Industrial Center as it develops. The planned center is described as targeting companies in the technology and value-added agriculture industries, with the intent to create more than 2,000 professional, high-paying jobs. If you are evaluating scale and phasing options, the possibility of adding acreage to the south is highlighted in the listing materials.
Key Highlights
- Directly borders the new Black Hills Industrial Center.
- Ready for development with great truck access.
- Opportunity to invest in a major expansion in Rapid City.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 57701, SD
46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Ready-to-develop industrial land with direct adjacency to a new Black Hills Industrial Center and strong truck access.
Where is this industrial land located?
The property is located at Old Folsom Road Rapid City, SD.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Directly borders the new Black Hills Industrial Center.; Ready for development with great truck access.; Opportunity to invest in a major expansion in Rapid City.
