City SD 57701 Vly Dr Rpd, Rapid City, SD 57701
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.
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
Similar Nearby for Lease
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.