0 Cloud Peak Dr Rapid City, SD 57702
This exceptional 40-acre parcel, located on Cloud Peak Drive in Rapid City, South Dakota (zip code 57702), is offered for sale for $1,999,000. The land is zoned for General Agriculture and presents a unique opportunity for commercial development. Boasting incredible canyon views to the west and a small spring along its northern boundary, this property offers breathtaking scenery and exceptional privacy. Situated conveniently near Carriage Hills on the north end of Highpointe Ranch, it provides both seclusion and proximity to Rapid City. The land is currently unplatted, but there's potential to subdivide into 2-3 lots, creating ideal private estate settings. The price per acre is $49,975. This is a rare opportunity to acquire a substantial tract of land with remarkable natural beauty and significant development potential in a desirable location. The property's location offers easy access to Rapid City's amenities while maintaining a sense of tranquility and seclusion. Buyers seeking a large, picturesque parcel for commercial development or a unique estate setting should consider this exceptional offering. The property's natural features, including the canyon views and spring, add to its considerable appeal.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.