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    Tract P Hwy 85 Spearfish, SD 57783

    Sponsored
    For Sale
    $499,000

    CI Land - Spearfish, SD

    Lot size:
    45.29 Acres
    Days on Market:
    282
    Last Refresh:
    Jan 8 at 11:06 pm

    Property Features for Tract P Hwy 85

    General Information

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

    Building Details

    Architectural style
    Other

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

    Listing agent Heath Gran (605) 717-7325

    Listing date Apr 2, 2025

    MLS# 80466 Listing URL

    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.

    Overview

    Commercial Land on Highway 85

    This commercial land lot, encompassing approximately 45.29 acres, is situated on Highway 85, approximately one mile north of Spearfish, South Dakota. The location offers convenient access just off I-90, exit 10, in an area experiencing rapid expansion. This property is suitable for various business ventures.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.85945183334
    Latitude
    44.53310669948

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    FAQs

    What type of property is this?
    Land - 45.29 acre commercial lot in rapidly expanding Spearfish area.
    Where is this land located?
    The property is located at Tract P Hwy 85 Spearfish, SD.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - 45.20+/- acre commercial lot; - Located directly on Highway 85; - Proximity to Spearfish, South Dakota
    (605) 209-2052
    Request Owner's contact information
    Tract P Hwy 85 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
    Tract P Hwy 85 Spearfish, SD 57783
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