Current Use by Public Records
- Land
Property Details for 1704 Elk Vale Rd
- Lot size
- 5.95 lot acres
- Property type
- Land
Description
This exceptional 5.95-acre commercial land tract, identified as Tract B of Quail Ridge, presents a prime development opportunity in Rapid City, South Dakota. Strategically located at 1704 Elk Vale Rd, zip code 57703, in Pennington County, this property boasts a highly visible and accessible location. Its Office Commercial zoning allows for a diverse range of commercial uses, making it ideal for businesses seeking high visibility and convenient access. The land is situated adjacent to and surrounding the Safeway Center, a key location benefiting from high traffic counts due to its proximity to Interstate 90 and Highway 44. This prime location is well-suited for commercial development and high-density multi-family projects, offering significant potential for future growth and return on investment. The asking price for this exceptional property is $1,943,865. The property is owned by an LLC and is ready for immediate development. This is a rare opportunity to acquire a large, well-located parcel in a rapidly growing area of Rapid City. Future phased development plans are available upon request. This property is poised to become the next significant development in the area. Contact us today to learn more about this exciting investment 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
- -103.156
- Latitude
- 44.0705
