9.95 acres Mall Dr Rapid City, SD 57701
- Land
- 9.95 lot acres
Current Use by Public Records
- Land
Property Details for 9.95 acres Mall Dr
- Lot size
- 9.95 lot acres
- Property type
- Land
Description
This exceptional 9.95-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Located on East Mall Drive with direct I-90 frontage (between exits 61 and 60), this property boasts a prime location within a rapidly developing area. The permitted zoning is GC, allowing for a wide range of commercial uses. All city utilities are available. The property's strategic positioning benefits from its proximity to major retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota, and Rushmore Honda. Furthermore, the area is experiencing significant growth with the addition of new hotels and a recently constructed emergency room hospital at the corner of Dyess Avenue. The Ellsworth Air Force Base (EAFB) is conveniently located just 3 miles to the east, further enhanced by the upcoming arrival of the B-21 Raider. This lot shares access with the adjacent western lot via East Mall Drive. The asking price is $1,842,000, translating to a land value of $4.25 per square foot. The property is owned by an LLC. This is an unparalleled chance to establish or expand a business in a thriving South Dakota market. Don't miss this exceptional opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.17
- Latitude
- 44.1026