0 Tbd Sheps Cyn Rd Hot Springs, SD 57747
This exceptional 80-acre property in Fall River County, South Dakota, presents a unique opportunity for outdoor enthusiasts. Bordering the Black Hills National Forest, the land boasts breathtaking views and unparalleled access to recreational activities. Located on TBD Sheps Canyon Road, near Hot Springs (zip code 57747), this parcel offers convenient access to the Angostura Reservoir Recreation Area, a hub for fishing, boating, hiking, and hunting. The area features established electricity, and the property's covenants allow for camping (with specified timeframes). Up to three horses are permitted per lot, with potential for more upon developer approval. This land has not been offered for sale in over a century, making this a rare chance to own a piece of South Dakota's natural beauty. Its proximity to Hot Springs, Custer, and Rapid City provides easy access to amenities and the wider Black Hills region. The asking price for this remarkable hunting and recreational property is $720,000. Don't miss this chance to own a piece of the Black Hills.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.