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Property profile & analytics
OFF-MARKET
Land

0 Sammis Trl Rapid City, SD 57702

120 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 120 ac (5,227,200 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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