Zoned Development Land with
For Sale
$800,000
Windmill Drive lot 2R-1, Spearfish, SD 57783
LAND, Spearfish, SD
Property SizeContact for details
Lot Size9.87 Acres
Days on Market116
Property Features for Windmill Drive lot 2R-1
General Information
Property type
Land
Property subtype
Other
Subdivision
Sandstone Hills
Elementary school district
Spearfish
Middle school district
Spearfish
High school district
Spearfish
Directions
I-90 Spearfish, Exit 14 North on 27th St, property is along 27th and Windmill Drive
Standard status
Active
Lot size
9.87 Acres
Listing Agency:
Keller Williams Realty Black Hills SP
(605) 343-7500
Listed By:
Krista Heid
(605) 645-4297
Added: May 19
Changed: Sep 6
Last Checked: Sep 11 at 2:06AM
MLS# 88789
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 for-sale development parcel consists of 9.87 acres and is currently served by two wells. The property is zoned to support 1- and 2-family residential, multi-family residential, office commercial, light industrial, and planned unit development, and the seller has indicated willingness to subdivide the site.
Located just off I-90 Exit 14 in Spearfish, South Dakota (Lawrence County), the property is positioned for buyers exploring larger-scale development or a phased approach with smaller lots.
If you’re looking for land that can accommodate a mix of residential and commercial/light industrial plans, this parcel provides a documented zoning framework and an on-site water source via existing wells.
Located just off I-90 Exit 14 in Spearfish, South Dakota (Lawrence County), the property is positioned for buyers exploring larger-scale development or a phased approach with smaller lots.
If you’re looking for land that can accommodate a mix of residential and commercial/light industrial plans, this parcel provides a documented zoning framework and an on-site water source via existing wells.
Key Highlights
- Development property zoned for 1 & 2 Family Residential, Multi‑Family Residential, Office Commercial, Light Industrial, and Planned Unit Development
- Located just off I‑90 Exit 14
- Two wells on the property
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Water rights
Location Intelligence
Trade Area within ½ mile
210
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 Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Development-ready land totaling 9.87 acres with two wells and zoning allowing a range of residential and light industrial uses.
Where is this commercial land located?
The property is located at Windmill Drive lot 2R-1 Spearfish, SD.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Development property zoned for 1 & 2 Family Residential, Multi‑Family Residential, Office Commercial, Light Industrial, and Planned Unit Development; Located just off I‑90 Exit 14; Two wells on the property
