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    3637 Sturgis Rd Rapid City, SD 57702

    Sponsored
    For Sale
    $199,000

    Prime Commercial Land, 0.46 Acres, $199,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.46-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Located at 3637 Sturgis Rd, this high-visibility corner lot boasts an extremely advantageous position on a busy westside intersection, experiencing a significant daily traffic count of 12,293 vehicles. Its General Commercial zoning allows for a diverse range of development possibilities, making it ideal for retail establishments or office spaces. The property includes an existing access easement and benefits from shared parking arrangements with the adjacent building, ensuring ample parking for customers and employees. Previous development plans, outlining a potential 1,500 square foot building footprint and over 14 additional parking spaces, are available upon request, providing a solid foundation for future construction. This property's prime location, high visibility, and flexible zoning make it an exceptional opportunity for investors seeking a strong return on investment in a thriving South Dakota market. The asking price for this exceptional property is $199,000. The property is situated in Pennington County, South Dakota, with a zip code of 57702. This is a rare opportunity to acquire a highly visible and strategically located commercial lot in a rapidly growing area.

    Property Features for 3637 Sturgis Rd

    General Information

    Property type
    Land
    Lot Size
    20,038 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.280069
    Latitude
    44.0863753

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, 0.46 Acres, $199,000
    Where is this land located?
    The property is located at 3637 Sturgis Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $199,000.
    (605) 939-4489
    Request Owner's contact information
    3637 Sturgis Rd Rapid City, SD 57702
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    Rapid City, SD 57702
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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
    3637 Sturgis Rd Rapid City, SD 57702
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