0 Sammis Trl Rapid City, SD 57702
This exceptional 120-acre development site in Rapid City, South Dakota, presents a unique investment opportunity. Located conveniently off Highway 16 in Pennington County, this property is zoned for General Agriculture, offering significant potential for a high-end residential community. The asking price is $4,850,000. All necessary engineering and platting have been completed, significantly streamlining the development process. The meticulously planned layout and design ensure efficient use of the land and create a highly desirable residential area. This prime location, coupled with the completed engineering, makes this a truly exceptional opportunity for developers seeking a ready-to-build project with significant upside potential. The property's address is Sammis Trail, Rapid City, SD 57702 (latitude 44.0004473, longitude -103.2354927). Detailed engineering plans and plats are available upon execution of a confidentiality agreement. This is a rare chance to acquire a large, well-planned parcel in a rapidly growing area. Don't miss this chance to capitalize on the demand for high-quality residential development in a desirable location. The property is classified as both commercial and residential land, offering flexibility for various development scenarios.
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
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.