Property profile

21201 Ridgewood Trl Lead, SD 57754

OFF-MARKET
Land
1.75 ac lot
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Property summary

AI-generated overview

This exceptional 1.75-acre commercial lot in the coveted Powder House Pass subdivision near Lead, South Dakota (zip code 57754) presents a unique investment opportunity. Bordering BLM land on two sides, the property offers unparalleled privacy and access to abundant outdoor recreation, including ATV trails directly accessible from the lot. The property includes a substantial 40x60 shop, easily adaptable for residential conversion, offering a versatile space for a home or business. Pre-existing house plans are available, streamlining the building process. A graveled parking area is already in place. This property provides exclusive access to the subdivision's clubhouse, featuring a heated pool, game room, and gathering area. The location offers breathtaking mountain views and proximity to numerous Black Hills attractions. The asking price for this remarkable property is $1,000,000. This is a rare chance to acquire a prime commercial lot with significant potential in a desirable location. The property is located at 21201 Ridgewood Trl, Lead, Lawrence County, South Dakota.

Property profile

Verified
Property type Land
Lot 1.75 ac (76,230 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

21201 Ridgewood Trl Lead, SD 57754
Lead metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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