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    Tbd Old Folsom Rd Rapid City, SD 57701

    Sponsored
    For Sale
    $375,000

    13.32 Acres, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 13.32-acre commercial land parcel in Pennington County, South Dakota presents a unique development opportunity. Located in Rapid City, near the intersection of Old Folsom Road and just bordering the burgeoning Black Hills Industrial Center, this property offers unparalleled access to major transportation routes, including proximity to Highway 79. The site is zoned Agricultural, and is ready for immediate development, boasting excellent truck access. This strategic location benefits from the significant economic growth spurred by the Black Hills Industrial Center, a first-of-its-kind development in western South Dakota, projected to bring over 2,000 high-paying jobs in technology and value-added agriculture. The property's APN is 3828100005. Further expansion potential exists with an adjacent 14.83 acres available for acquisition to the south. This is an exceptional investment opportunity for developers seeking to capitalize on Rapid City's expanding industrial sector. The asking price for this sole-proprietor owned land is $375,000. The property's zip code is 57701.

    Property Features for 0 Tbd Old Folsom Rd

    General Information

    Property type
    Land
    Lot Size
    580,219 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.169955
    Latitude
    44.020324

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    FAQs

    What type of property is this?
    Land - 13.32 Acres, Prime Location
    Where is this land located?
    The property is located at Tbd Old Folsom Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $375,000.
    (605) 939-4489
    Request Owner's contact information
    Tbd Old Folsom Rd Rapid City, SD 57701
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    Rapid City, SD 57701
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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

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    Cap approach

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    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
    Tbd Old Folsom Rd Rapid City, SD 57701
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