0 Stumer Rd, Rapid City, SD 57701
This exceptional 1.1-acre commercial lot, identified as Lot 10A, presents a prime development opportunity in Rapid City, South Dakota. Located on Stumer Road, this property boasts a General Commercial zoning designation, providing flexibility for a wide range of commercial ventures. The lot's strategic location offers excellent visibility and accessibility, situated near major retail anchors including a Walmart Supercenter and the Black Hills Shopping Center. Convenient access is provided by lighted intersections at Catron Boulevard and Black Hills Boulevard, or Catron Boulevard and 5th Street. This property is part of a larger development offering three lots ranging from 1.10 to 1.36 acres, all available for purchase or ground lease. The asking price for Lot 10A is $574,992. The property's address is Stumer Road, Lot 10A, Rapid City, SD 57701, and it is situated within Pennington County. This presents a unique chance to capitalize on a high-traffic area with established commercial presence, making it an ideal investment for developers seeking a strong return. The property's size and zoning make it suitable for a variety of commercial uses, offering significant potential for growth and profitability. The convenient access points and proximity to major retailers further enhance its appeal and potential for success.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.