Listing Agency: Great Peaks Realty h***@rushmore.com Show Phone

Listed By: Heath Gran · License #12630 Show Phone

Added: Jun 7, 2024 Changed: Jun 10 Last Checked: Aug 2 at 10:06PM

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MLS# 80534

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.

Investment Insights

Based on property information with market context.

This property features a half-acre corner lot located minutes from downtown Spearfish and a short drive from Walmart. Zoned R3, the lots are suitable for a multifamily development.

Key Highlights

• Half acre corner lot provides ample space and potential.
• Zoned R3, ideal for multifamily development.
• Conveniently located minutes from downtown Spearfish.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon Bakery Carpet & Flooring Store Garden Center Veterinary Clinic Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

340

Businesses Nearby

Explore this area Business Placement

Demographics for 57783, SD

16,165

Population

8,347

Households

1.9

Avg Household Size

41

Median Age

40%

College-Educated

96%

High-School Grad

213.2 sq mi

ZIP Area

76

Density / Sq Mi

$64,970

Median Household Income

$35,014

Median Earnings

$946

Median Rent

$332,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Half-acre corner lot zoned R3, ideal for multifamily development.

Where is this residential land & home lot located?

The property is located at S 27th Street lot 12 & 13 Spearfish, SD.

What is the asking price?

The asking price for this property is $359,000.

What are key features of this property?

This property features: Half acre corner lot provides ample space and potential.; Zoned R3, ideal for multifamily development.; Conveniently located minutes from downtown Spearfish.