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Property profile & analytics
OFF-MARKET
Land

0 Tbd Gisi Rd Rapid City, SD 57701

10 ac lot
Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire 10 acres of land outside Rapid City city limits, in Pennington County, South Dakota (zip code 57701). This property, located on TBD Gisi Road, boasts a strategic location between the rapidly expanding areas of Box Elder and Rapid City, offering significant development potential. The land is currently zoned for agricultural use but presents possibilities for commercial, light industrial, or residential development. Its proximity to Ellsworth Air Force Base, poised for substantial growth with an anticipated increase of over 3,000 personnel and their families in the coming years, further enhances its investment appeal. Convenient access to I-90 West is already available via West Gate Road and Elk Vale Road, with potential for even faster access via the planned diverging diamond I-90 interchange at Exit 63 (anticipated completion in 2026). The property features an existing easement, electricity, and fencing on three sides. Note that the 10-acre parcel is part of a larger 50-acre parcel currently undergoing the re-platting process, anticipated to be completed before closing. The asking price is $595,000. No covenants restrict development.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 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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