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Property profile & analytics
OFF-MARKET
Land

3132 Fran Way Rapid City, SD 57703

0.25 ac lot
Property ID
Property summary
AI-generated overview

This 0.25-acre commercial land parcel is located at 3132 Fran Way, Rapid City, SD 57703. Zoned for residential use, this property presents a unique opportunity for development. Situated within the Copperfield Vista Subdivision, it offers a prestigious address and ample space for construction. The lot boasts a desirable location, minutes from Ellsworth Air Force Base and Rapid City's vibrant downtown area. The Elk Vale Road corridor's growth and development potential make this an attractive investment. The asking price is $81,700, translating to a land value of $326,800 per acre. This property is ideal for those seeking convenience and accessibility while building in a sought-after community. The lot's size is less than 0.5 acres, making it a manageable and potentially lucrative development opportunity. Buyers are encouraged to conduct their own due diligence regarding zoning and permitted uses.

Property profile
Verified
Property type Land
Lot 0.25 ac (10,890 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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Comparable Approach Comparable
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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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