3124 Fran Way Rapid City, SD 57703
This exceptional 0.25-acre commercial land parcel, located at 3124 Fran Way in Rapid City, South Dakota, presents a unique investment opportunity. Priced at $81,700, this property boasts a land value of $326,800 per acre, reflecting its desirability within the prestigious Copperfield Vista Subdivision. The lot is zoned for residential use, offering flexibility for future development. Situated in the Elk Vale Road corridor, a rapidly growing area, this location provides convenient access to Ellsworth Air Force Base and the vibrant downtown area of Rapid City (zip code 57703). The property's ample size and width provide a substantial canvas for a luxurious build, allowing for a significant amount of space and privacy. Buyers have the freedom to select their own builder, enabling complete customization and the realization of their unique vision. This is a rare opportunity to acquire a piece of this highly sought-after community, offering both convenience and exclusivity. The property's coordinates are 43.9904056 latitude and -103.035694 longitude. Don't miss this chance to secure this prime commercial land in a thriving South Dakota location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.