0 Richmond Hl Rd, Spearfish, SD 57754
This exceptional 45.69-acre commercial land parcel presents a unique investment opportunity near Spearfish, South Dakota. Located approximately 1.5 miles north of the renowned Terry Peak Ski Resort, this property boasts breathtaking views from its 6,200+ foot elevation. The land has been logged within the last five years, providing a clean slate for development. An existing access road simplifies access, and electricity is readily available within 1000 feet. The terrain is well-suited for the creation of exclusive executive homesites, taking advantage of the spectacular scenery. Currently zoned to allow for up to six building permits, this property offers significant potential for various commercial ventures. The asking price is $1,500,000. The property is located at Richmond Hill Rd, Lead, Berkeley County, SD 57754. Its precise coordinates are latitude 44.3930394 and longitude -103.8506511. This is a rare chance to acquire a substantial tract of land in a desirable location with exceptional views and development potential. Don't miss this opportunity to capitalize on the unique features and strategic location of this remarkable property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.