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    OFF-MARKET
    Land

    5th St Rpd, Rapid City, SD 57701

    1.5 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.5-acre commercial land parcel, located at 1.5a 5th Street, Rapid City, SD 57701, presents a unique investment opportunity. Situated on the northwest corner of Catron and 5th Street, this 65,340 square foot lot boasts unparalleled visibility and accessibility. The property is zoned for General Commercial use and enjoys a high-traffic count, making it ideal for a variety of businesses. Surrounding the property are numerous national retailers, including Walmart, GNC, Jimmy John's, Arby's, Taco Bell, Krispy Krunchy Chicken, and Big D's Sinclair, ensuring high foot traffic and brand recognition. The property's proximity to the medical corridor further enhances its appeal. The land lease is offered at a rate of $2 per square foot annually. The owner is open to considering build-to-suit options for the right tenant, providing flexibility and customization to meet specific business needs. This is a rare opportunity to secure a prominent location in a thriving commercial area of Rapid City. Don't miss out on this chance to establish your business in a high-demand location. The property's address is 1.5a 5th Street, Rapid City, SD 57701, zip code 57701.

    Property profile
    Verified
    Property type Land
    Lot 1.5 ac (65,340 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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