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    OFF-MARKET
    Commercial real estate

    Tbd Sturgis Rd, Summerset, SD 57718

    2.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.78-acre commercial lot presents a unique opportunity in the thriving Summerset, SD market. Ideally situated at the southeast corner of Sturgis Road and American Eagle Drive, this property boasts premium visibility and accessibility from a high-traffic area. The lot has already been subdivided to its current size, simplifying the development process. Its generous acreage allows for a wide range of medium to large-scale commercial projects. Access is readily available from Sturgis Road, connecting to both American Eagle and Democracy streets, ensuring convenient ingress and egress. All essential utilities—electricity, municipal water, sewer, communications, and MDU—are conveniently extended to the lot line, minimizing infrastructure costs and expediting construction. This location offers the benefit of a burgeoning local economy within the picturesque Black Hills foothills. Furthermore, new commercial projects qualify for a significant incentive: a 0% Meade County property tax abatement for five years. Prospective buyers are responsible for independently verifying all details pertaining to this listing, including but not limited to property taxes, zoning regulations, and utility availability. This is a remarkable chance to capitalize on Summerset's growth and establish a successful business in a desirable setting.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.78 ac (121,097 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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