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    Stumer Rd Rapid City, SD 57701

    Sponsored
    For Sale
    $574,992

    1.1-Acre Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.1-acre commercial lot, identified as Lot 10A, presents a prime development opportunity in Rapid City, South Dakota. Located on Stumer Road, this property boasts a General Commercial zoning designation, providing flexibility for a wide range of commercial ventures. The lot's strategic location offers excellent visibility and accessibility, situated near major retail anchors including a Walmart Supercenter and the Black Hills Shopping Center. Convenient access is provided by lighted intersections at Catron Boulevard and Black Hills Boulevard, or Catron Boulevard and 5th Street. This property is part of a larger development offering three lots ranging from 1.10 to 1.36 acres, all available for purchase or ground lease. The asking price for Lot 10A is $574,992. The property's address is Stumer Road, Lot 10A, Rapid City, SD 57701, and it is situated within Pennington County. This presents a unique chance to capitalize on a high-traffic area with established commercial presence, making it an ideal investment for developers seeking a strong return. The property's size and zoning make it suitable for a variety of commercial uses, offering significant potential for growth and profitability. The convenient access points and proximity to major retailers further enhance its appeal and potential for success.

    Property Features for 0 Stumer Rd

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • Excellent development opportunity adjacent to a Walmart Supercenter and Black Hills Shopping Center.
    • Three commercially‑zoned lots (1.10‑1.36 acres) fronting Catron Blvd.
    • Convenient access via signalized intersections at Catron & Black Hills Blvd, and Catron & 5th St.
    • Ground lease options available for all lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.22057856556
    Latitude
    44.032609220142

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    FAQs

    What type of property is this?
    Land - 1.1-Acre Development Opportunity
    Where is this land located?
    The property is located at Stumer Rd Rapid City, SD.
    What is the asking price?
    The asking price for this property is $574,992.
    What are key features of this property?
    This property features: Excellent development opportunity adjacent to a Walmart Supercenter and Black Hills Shopping Center.; Three commercially-zoned lots (1.10-1.36 acres) fronting Catron Blvd.; Convenient access via signalized intersections at Catron & Black Hills Blvd, and Catron & 5th St.
    (605) 939-4489
    Request Owner's contact information
    Stumer 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

    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
    Stumer Rd Rapid City, SD 57701
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