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    OFF-MARKET
    Land

    0 Stumer Rd, Rapid City, SD 57701

    1.36 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.36-acre commercial lot presents a premium development opportunity in Rapid City, South Dakota. Located in Pennington County, zip code 57701, on Stumer Road, this property boasts a General Commercial zoning designation, ideal for a wide range of commercial ventures. Its strategic location offers excellent visibility and accessibility, anchored by the proximity of a Walmart Supercenter and Black Hills Shopping Center. The lot features frontage on Catron Boulevard and benefits from convenient access via well-lit intersections at Catron and Black Hills Boulevard, or Catron and 5th Street. This presents a unique chance to capitalize on a high-traffic area with significant commercial activity. The asking price for this exceptional lot is $710,899. Ground lease options are also available for this property, providing flexibility for potential investors. This is a rare opportunity to acquire a sizable commercial lot in a thriving retail corridor, offering significant potential for future development and return on investment. The property's address is Stumer Road, Rapid City, SD 57701. Latitude and longitude coordinates are 44.0351428, -103.2258887 respectively.

    Property profile
    Verified
    Property type Land
    Lot 1.36 ac (59,242 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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