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    OFF-MARKET
    Land

    0 Tbd Cambell St, Rapid City, SD 57701

    2.63 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.63-acre commercial land parcel in Rapid City, South Dakota, presents a compelling investment opportunity. Located on Campbell Street, near the intersection of Omaha Street, this property boasts 361 feet of street frontage and benefits from high visibility due to its position on a major arterial road. Daily traffic counts exceed 23,000 vehicles, according to 2023 city data, ensuring significant exposure for any development. The site is zoned GC and includes all city utilities. Adding to its appeal, a billboard featuring an electronic reader board is already in place. Significant development is underway in the immediate vicinity, including the construction of 180 new apartment units directly west of the property, further enhancing its long-term value and potential. The seller is open to carrying a contract, making this an even more attractive proposition for qualified buyers. This is a rare chance to acquire a well-situated commercial lot in a rapidly growing area of Rapid City. The property's size, location, and existing infrastructure make it ideal for a variety of commercial uses.

    Property profile
    Verified
    Property type Land
    Lot 2.63 ac (114,563 SF)
    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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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