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    3550 Mall Dr Rapid City, SD 57701

    Sponsored
    For Sale
    $557,568

    1.6-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.6-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Located at 3550 E Mall Dr, this property boasts a highly desirable General Commercial zoning designation, opening doors to a wide array of business ventures. Its strategic position, situated east of Cabela's and west of Tractor Supply, ensures high visibility and accessibility, benefiting from the substantial foot traffic and established commercial presence in the immediate vicinity. The asking price for this prime piece of real estate is $557,568. The lot's size provides ample space for development, making it ideal for a variety of commercial uses, including restaurants and retail establishments. Given its location and zoning, this property is poised for significant growth and return on investment. The address is easily accessible from major roadways, ensuring convenient access for customers and employees. This is a rare opportunity to acquire a well-situated commercial lot in a thriving South Dakota market within Pennington County, zip code 57701. The property's coordinates are 44.104336 latitude and -103.158098 longitude. Don't miss this chance to secure a prime location for your next business venture.

    Property Features for 3550 Mall Dr

    General Information

    Property type
    Land
    Lot Size
    69,696 SF

    HighLights

    • 1.6‑acre commercial land parcel in Rapid City, SD, priced at $557,568.
    • Highly desirable General Commercial zoning, allowing for diverse business uses.
    • Prime location east of Cabela's and west of Tractor Supply, ensuring high visibility and accessibility.
    • Ample space for various commercial developments, including restaurants and retail.
    • Excellent access from major roadways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Pharmacy Gym & Fitness Department Store Skin Care Clinic Food Market Garden Center Electrical Service Convenience 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
    -103.158098
    Latitude
    44.104336

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    FAQs

    What type of property is this?
    Land - 1.6-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at 3550 Mall Dr Rapid City, SD.
    What is the asking price?
    The asking price for this property is $557,568.
    What are key features of this property?
    This property features: 1.6-acre commercial land parcel in Rapid City, SD, priced at $557,568.; Highly desirable General Commercial zoning, allowing for diverse business uses.; Prime location east of Cabela's and west of Tractor Supply, ensuring high visibility and accessibility.
    Request Owner's contact information
    3550 Mall Dr 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
    3550 Mall Dr Rapid City, SD 57701
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