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    OFF-MARKET
    Land

    City SD 57701 Vly Dr Rpd, Rapid City, SD 57701

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    Property summary
    AI-generated overview

    This exceptional 2.17-acre commercial land parcel, located at 2.17A S Valley Drive, Rapid City, SD 57701, presents a unique investment opportunity. Situated in a rapidly growing area of Rapid City, this high-traffic, high-visibility corner lot offers unparalleled exposure. The property boasts a substantial 9,452,520 square feet and is ideally positioned near key businesses such as Rural America Initiatives and Montana Dakota Utilities, as well as the Elk Vale/Truck Bypass. The site is fully usable and grade-ready, eliminating costly pre-development expenses. A lease rate of $1.20 per square foot is offered with a minimum 10-year lease term. For developers seeking a build-to-suit option, the owner is open to discussions. This property is perfect for businesses seeking a prominent location in a thriving commercial corridor. The property's strategic location and significant size make it an ideal candidate for a variety of commercial developments. Don't miss this chance to secure a prime location in one of Rapid City's most dynamic areas. The zip code is 57701.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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