6841 Walleye Way Summerset, SD 57718
This exceptional 3.01-acre commercial land parcel presents a unique investment opportunity in Black Hawk, South Dakota. Located at 6841 Walleye Way, this property boasts a convenient location just minutes from Rapid City, offering easy access to I-90 and all the amenities of city life while maintaining a peaceful, country setting. The lot is zoned for residential use, presenting a versatile opportunity for developers. The asking price is $175,000, translating to approximately $58,140 per acre. Utilities are readily available, with Black Hawk water service and MDU gas extending to the lot line. A septic system will be required for sewer. While subject to covenants and HOA review, this property offers the potential to build a dream home or develop a commercial project. The property's location provides breathtaking views, combining the tranquility of rural living with the convenience of proximity to a major city. This is a rare chance to acquire a substantial parcel of land in a desirable location with excellent potential for future growth.
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
Similar Nearby for Sale
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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.