Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Lot in Belle Fourche Title is generated by Realmo AI

    TBD Double Tree Circle, Belle Fourche, SD 57717

    View on Map
    Claim this Listing
    For Sale
    $123,000

    Residential Single Family - Belle Fourche, SD

    Type:Single Family Residence
    Lot size:
    2.10 Acres
    Added:
    Jul 15, 2025
    Days on Market:
    311
    Last Refresh:
    May 21 at 8:06 pm

    Property Features for TBD Double Tree Circle

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    2.10 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle Watson
    Michelle Watson

    Listing agent Michelle Watson

    Listing office Keller Williams Realty Black Hills BF 501 Grant St., Rapid City, SD

    Listing date Jul 15, 2025

    MLS# 85279 Listing URL

    Copyright © 2026 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two plus acre lot offers extra space.
    • Located on a quiet cul de sac.
    • Serene views.
    • Opportunity to build a dream home.
    • Creature comforts of living in town.
    • Located on Double Tree Circle.

    Overview

    This residential lot, situated on Double Tree Circle in Belle Fourche, SD, offers an opportunity to build a dream home. Located on a quiet cul-de-sac, the property spans 2.1 acres, providing ample space. The lot offers serene views and a quiet environment, while still providing the comforts of living in town.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Belle Fourche
    County
    Butte
    State
    South Dakota
    Longitude
    -103.753
    Latitude
    44.9293

    Nearby Similar for Sale

    • $439,000
      1,650 SF

      Highway 85 Commercial Building

      High-visibility building on Highway 85 with flexible use opportunities.
      1401 Mill Street, Belle Fourche, SD 57717
      View Details
    • $500,000
      9,420 SF

      Iconic Belle Fourche Commercial Property

      Midcentury building with business, furniture, fixtures, and liquor license.
      512 National Street, Belle Fourche, SD 57717
      View Details
    • $500,000
      9,420 SF

      Iconic Building in Belle Fourche

      Midcentury building with business, furniture, fixtures, and liquor license.
      512 National Street, Belle Fourche, SD 57717
      View Details
    • $989,000

      70 Acres of Pure Possibility

      Breathtaking 70 acres offer seclusion and scenery.
      10504 Windmill Ridge Ln, Belle Fourche, SD 57717
      View Details
    • $149,900
      2,880 SF

      Versatile Commercial Property in Belle Fourche

      Commercial property with business and residential potential in Belle Fourche.
      930 Harding Street, Belle Fourche, SD 57717
      View Details
    • $14,999,000
      2,890 SF

      Belle Fourche Ranch on Highway

      1300+ acre ranch near Spearfish with development potential.
      10881 Other, Belle Fourche, SD 57717
      View Details
    • $375,000
      7,811 SF

      Prime Commercial Building in Belle Fourche

      Spacious commercial building in downtown Belle Fourche with high visibility.
      501 State Street, Belle Fourche, SD 57717
      View Details
    • $295,000
      7,811 SF

      Commercial Building in Downtown Belle Fourche

      Prime commercial building with high traffic and exceptional visibility.
      501 State Street, Belle Fourche, SD 57717
      View Details
    • $499,000
      1,650 SF

      Highway 85 Commercial Building

      High-visibility commercial building with flexible use opportunities on Highway 85.
      1401 Mills Street, Belle Fourche, SD 57717
      View Details
    • $220,000

      Scenic 10-Acre Residential Parcel

      Tranquil 10-acre parcel near Belle Fourche, South Dakota.
      TBD High Pines Lane, Belle Fourche, SD 57717
      View Details
    • $30,000

      Residential Lot in Willow Creek

      0.3 acre residential lot ready for construction.
      TBD Lot 18 Birnam Wood Lane, Belle Fourche, SD 57717
      View Details
    • $224,000

      6.5 Acre Build Site

      Residential land ready for your dream home in Belle Fourche.
      Lot 19 Wagon Box Drive, Belle Fourche, SD 57717
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot with serene views and space in Belle Fourche.
    Where is this residential land & home lot located?
    The property is located at TBD Double Tree Circle Belle Fourche, SD.
    What is the asking price?
    The asking price for this property is $123,000.
    What are key features of this property?
    This property features: Two plus acre lot offers extra space.; Located on a quiet cul de sac.; Serene views.
    (605) 210-3032
    We can help!
    Listing Contact
    Michelle Watson
    Michelle Watson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    TBD Double Tree Circle, Belle Fourche, SD 57717
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!