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    Lacrosse St Rapid City, SD 57701

    Sponsored
    For Sale
    $3,500,000

    Prime 27-acre development site in Rapid City, SD

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 26.99-acre commercial land parcel presents a unique investment opportunity in Rapid City, South Dakota. Located in Pennington County, zip code 57701, the property boasts a highly desirable location within the city's thriving retail corridor. The land is zoned for General Commercial use, offering significant development potential. With an impressive 877 feet of frontage on N Lacrosse Street and 1,744 feet of frontage on E Mall Drive, the property enjoys exceptional visibility and accessibility. The site is strategically positioned at a lighted intersection, benefiting from high traffic counts. Further enhancing its appeal, the property is situated near a planned development of over 3,000 housing units, ensuring a strong and growing customer base. The land is comprised of two parcels

    Property Features for 0 Lacrosse St

    General Information

    Property type
    Land
    Lot Size
    1,175,684 SF

    HighLights

    • 26.99‑acre commercial land parcel in Rapid City, SD.
    • Pennington County, zip code 57701, located in a thriving retail corridor.
    • Zoned General Commercial with high development potential.
    • Exceptional visibility and accessibility with 877 ft of frontage on N Lacrosse St and 1,744 ft on E Mall Dr.
    • High‑traffic location at a lighted intersection.
    • Near a planned 3,000+ unit housing development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.20471945854
    Latitude
    44.109338315531

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    FAQs

    What type of property is this?
    Land - Prime 27-acre development site in Rapid City, SD
    Where is this land located?
    The property is located at Lacrosse St Rapid City, SD.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 26.99-acre commercial land parcel in Rapid City, SD.; Pennington County, zip code 57701, located in a thriving retail corridor.; Zoned General Commercial with high development potential.
    (605) 939-4489
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    Lacrosse St 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
    Lacrosse St Rapid City, SD 57701
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