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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd Sturgis Rd Summerset, SD 57718

2.78 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.78-acre commercial lot presents a unique opportunity in the thriving Summerset, SD market. Ideally situated at the southeast corner of Sturgis Road and American Eagle Drive, this property boasts premium visibility and accessibility from a high-traffic area. The lot has already been subdivided to its current size, simplifying the development process. Its generous acreage allows for a wide range of medium to large-scale commercial projects. Access is readily available from Sturgis Road, connecting to both American Eagle and Democracy streets, ensuring convenient ingress and egress. All essential utilities—electricity, municipal water, sewer, communications, and MDU—are conveniently extended to the lot line, minimizing infrastructure costs and expediting construction. This location offers the benefit of a burgeoning local economy within the picturesque Black Hills foothills. Furthermore, new commercial projects qualify for a significant incentive: a 0% Meade County property tax abatement for five years. Prospective buyers are responsible for independently verifying all details pertaining to this listing, including but not limited to property taxes, zoning regulations, and utility availability. This is a remarkable chance to capitalize on Summerset's growth and establish a successful business in a desirable setting.

Property profile
Verified
Property type Commercial real estate
Lot 2.78 ac (121,097 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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