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    Tbd Elk Vale Rd Rapid City, SD 57703

    For Sale
    $6,100,000

    CI Land - Rapid City, SD

    Lot size:
    24.95 Acres
    Days on Market:
    30
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for Tbd Elk Vale Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    24.95 Acres

    Building Details

    Architectural style
    Other

    Lewis Realty (605) 673-5885 [email protected]

    Listing agent Faith Lewis (605) 673-5885

    Listing date Nov 6, 2025

    MLS# 86621 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

    Prime Development Land in Rapid City

    This offering comprises four prime development lots being sold as a single unit. The property is situated off Hwy 44, at the corner of Elk Vale and Concourse, adjacent to the Safeway lot, providing a high-traffic, high-visibility location in the Rapid Valley business sector. City water and sewer services are available on site. Multiple access points offer layout flexibility. A previous concept for the site, named Quail Ridge, was approved for two TIFs, one from the city and one from the county. The corner of the lot on the southeast side of the junction of Concourse and Elk Vale is suitable for a gas station. The total lot size is 24.95 acres. The seller is open to partnering with a qualified buyer or acting as the banker holding a contract for deed.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.15758180567
    Latitude
    44.068270335552

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    FAQs

    What type of property is this?
    Land - High-traffic, high-visibility commercial land opportunity in Rapid Valley.
    Where is this land located?
    The property is located at Tbd Elk Vale Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $6,100,000.
    What are key features of this property?
    This property features: - Prime development location with **high traffic and visibility**, situated off Hwy 44 next to Safeway.; - Approved for two TIFs (city and county), **offering potential financial incentives**.; - City water and sewer are available on the sites.
    (605) 673-5885
    Request Owner's contact information
    Tbd Elk Vale Rd Rapid City, SD 57703
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    Rapid City, SD 57703
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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

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    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.

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

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    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
    Tbd Elk Vale Rd Rapid City, SD 57703
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