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Property profile & analytics
OFF-MARKET
Commercial real estate

3114 Fairgrounds Loop Spearfish, SD 57783-6051

3,486 SF 0.9 ac lot Built 1984
Individually Owned 17-yr Hold Free & Clear
Property ID
US79-0192908
Property summary
AI-generated overview

This well-established lawn care and snow removal business in Spearfish, South Dakota, presents a unique opportunity for entrepreneurs. Operating successfully for 26 years, with the current owners at the helm for the past 24, this business boasts a strong reputation and a loyal client base throughout the Northern Black Hills region. The comprehensive service offerings include a wide range of lawn care options, such as power raking, aeration, mowing (residential and acreage), weed and feed programs, total vegetation control, spraying, sprinkler system services, and small tree and hedge trimming. In addition to the summer services, the business also provides crucial snow removal services during the winter months, ensuring year-round income streams. Existing contracts are in place for both residential and commercial clients, providing a solid foundation for immediate revenue generation. This turnkey operation offers a significant advantage for prospective buyers, eliminating the need for extensive start-up efforts. The business is priced at $450,000 and represents a compelling investment for individuals seeking a profitable and established venture in a thriving market. The opportunity to either launch a new business or expand an existing one is readily available with this well-regarded company.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 3,486 SF
Lot 0.9 ac (39,204 SF)
APN 32310-00000-200-00
UPID US79-0192908
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
Current use
Occupant on record · Public records
  • Black Hills Lawn Care Landscaping
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jack T Sears · 17 yrs held
Jack T Sears
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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