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    47 C Ave Wasta, SD 57791

    For Sale
    $50,000

    High-visibility retail lot, build-to-suit option.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.05-acre retail lot in Wasta, South Dakota, presents a unique investment opportunity. Located approximately 30 minutes east of Rapid City, this property boasts unparalleled visibility from Interstate 90, ensuring high traffic exposure for any business. The seller is motivated to bring new commerce to the thriving community and is offering the property at a below-market price of $50,000. A restricted use list is in place, prioritizing businesses offering goods and services to the local residents. The seller's commitment to the community extends to a willingness to collaborate on a build-to-suit arrangement for the right prospective buyer, streamlining the development process. This presents a rare chance to establish a business in a growing town with convenient access to a major interstate and the amenities of Rapid City. The seller is actively seeking a buyer who will construct a new building and operate a business within a reasonable timeframe. This is an ideal opportunity for entrepreneurs seeking a high-visibility location with a supportive community and a motivated seller. Don't miss this chance to be a part of Wasta's continued growth and development.

    Property Features for 47 C Ave

    General Information

    Property type
    Retail properties
    Lot Size
    2,178 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Travel Agency Bar & Pub Restaurant Parking Facility Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Wasta
    County
    Pennington
    State
    South Dakota
    Longitude
    -102.4484
    Latitude
    44.06886

    Nearby Comparable

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail lot, build-to-suit option.
    Where is this retail property located?
    The property is located at 47 C Ave Wasta, SD.
    What is the asking price?
    The asking price for this property is $50,000.
    Request Owner's contact information
    47 C Ave Wasta, SD 57791
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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
    47 C Ave Wasta, SD 57791
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