Mall Dr 9.82 Acres Rapid City, SD 57701
- Land
- 9.82 lot acres
Current Use by Public Records
- Land
Property Details for 0 Mall Dr 9.82 Acres
- Lot size
- 9.82 lot acres
- Property type
- Land
Description
This exceptional 9.82-acre commercial land parcel presents a prime investment opportunity in Rapid City, South Dakota. Strategically located on East Mall Drive with direct Interstate 90 frontage (between exits 60 and 61), this property boasts unparalleled visibility and accessibility. The GC zoning allows for a wide range of commercial development possibilities. The asking price is $1,818,000, translating to a land value of $4.25 per square foot. The high-traffic location benefits from proximity to major retailers including several prominent auto dealerships (Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota, and Rushmore Honda), as well as hotels and a new emergency room hospital under construction nearby. Furthermore, the property's advantageous position near Ellsworth Air Force Base (EAFB), only three miles east, is significantly enhanced by the upcoming arrival of the B-21 Raider. This rapidly developing area offers substantial growth potential. The lot includes two planned curb cuts on East Mall Drive, one shared with the adjacent lot to the west and another shared with the lot to the east. This property is owned by an LLC and presents a unique chance to establish or expand a business in a thriving South Dakota market. The property is situated in Pennington County, zip code 57701.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.169
- Latitude
- 44.1026
