TBD Green Spot Lane, Spearfish, SD 57783

This 15.88-acre residential development property, located in Spearfish, SD, presents an opportunity for immediate development or a long-term investment. Currently approved for a 44-lot single-family residential development, the property is particularly suited for a contractor with infrastructure installation capabilities. The seller can also recommend a general contractor familiar with the project. The existing plan is ready for infrastructure construction, with completed engineering, an approved Preliminary Plat from City Council, and initial construction documents prepared for City review. All ingress and egress access for the development density, along with a traffic study and turn lanes, are in place. Essential utilities, including three-phase power, gas, water, and sewer, have already been brought to the parcel. Significant storm drain capacity eliminates the need for detention ponds. The terrain is conducive to easy construction. While the current approval is for single-family homes, the multi-family zoning allows for a mix of townhomes and single-family residences. Apartments are not an option. With few lots remaining in the original 91 single-family lot Top Shelf Development, this parcel completes the area. The seller is willing to assist potential buyers with City processes and procedures and offers a due diligence period to facilitate the buyer's development vision.