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Industrial Land with Truck Access
For Sale
$410,000

Old Folsom Road, Rapid City, SD 57701

LAND, Rapid City, SD

Property SizeContact for details
Lot Size13.32 Acres
Days on Market1327

Property Features for Old Folsom Road

General Information

Property type Land
Property subtype Other
Zoning description Industrial
Lot features Meadow, Platted, Interior Lot
Elementary school district Rapid City
Middle school district Rapid City
High school district Rapid City
Directions Head south on Cambell Street past Elk Vale. Turn east onto Old Folsom Road. Land is south of After Hours Autoglass & Etching.
Subdivision Black Gap
Standard status Active
Lot size 13.32 Acres
Listing Agency: Keller Williams Realty Black Hills RC
Listed By: Christopher Long · License #1840
Added: Feb 7, 2023 Changed: Sep 6 Last Checked: Sep 26 at 4:06AM
MLS# 75010

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 13.32-acre industrial land parcel is positioned along Old Folsom Road in Rapid City, South Dakota. The property is ready for development and offers truck access, providing a practical foundation for industrial uses supported by the surrounding expansion.

The parcel directly borders the Black Hills Industrial Center, where development is underway. The center is located along the Heartland Express south of Catron Boulevard and is planned for technology and value-added agriculture companies. An additional 14.83 acres may also be available to the south, creating potential for a larger land assemblage.

Key Highlights

  • 13.32 acres of industrial land in Rapid City, SD
  • Directly borders the Black Hills Industrial Center, where development is underway
  • Ready for development with truck access

Property Analytics

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Open Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 57701, SD

46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Development parcel adjoining an active industrial project in Rapid City.
Where is this industrial land located?
The property is located at Old Folsom Road Rapid City, SD.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 13.32 acres of industrial land in Rapid City, SD; Directly borders the Black Hills Industrial Center, where development is underway; Ready for development with truck access
More about this property
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