3129 Fran Way Rapid City, SD 57703
This 0.25-acre commercial land parcel, located at 3129 Fran Way in Rapid City, South Dakota, 57703, presents a unique investment opportunity. Zoned for residential use, this property offers significant potential for development within the prestigious Copperfield Vista Subdivision. The lot boasts ample space and width, ideal for a substantial build. Situated in the Elk Vale Road corridor, a rapidly growing area, this location provides convenient access to Ellsworth Air Force Base and Rapid City's vibrant downtown area. The asking price is $81,700, translating to a price per acre of $326,800. This represents a chance to acquire land in a desirable, high-growth neighborhood. The property's location offers both convenience and exclusivity, making it an attractive option for discerning buyers seeking a prime location for residential construction. The original listing price was $76,700. This lot is less than 0.5 acres in size. Don't miss this opportunity to secure a piece of this coveted community.
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.