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    3132 Fran Way Rapid City, SD 57703

    • Land
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 3132 Fran Way

    Lot size
    0.25 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Rapid City
    State
    South Dakota
    Longitude
    -103.036
    Latitude
    43.9904

    Comparable in this City

    • Value Estimation by Request
      5.95 Acres

      1704 Elk Vale Rd

      Land • 5.95 Acres
      1704 Elk Vale Rd, Rapid City, SD 57703
      View Details
    • Value Estimation by Request
      0.25 Acres

      3204 Fran Way

      Land • 0.25 Acres
      3204 Fran Way, Rapid City, SD 57703
      View Details
    • Value Estimation by Request
      0.25 Acres

      3116 Fran Way

      Land • 0.25 Acres
      3116 Fran Way, Rapid City, SD 57703
      View Details
    • Value Estimation by Request
      0.29 Acres

      3218 Fran Way

      Land • 0.29 Acres
      3218 Fran Way, Rapid City, SD 57703
      View Details
    • Value Estimation by Request
      11.73 Acres

      865 Valley Dr

      Land • 11.73 Acres
      865 Valley Dr, Rapid City, SD 57703
      View Details
    • Value Estimation by Request
      11.46 Acres

      1711 Jubilee Ln

      Land • 11.46 Acres
      1711 Jubilee Ln, Rapid City, SD 57703
      View Details

    Similar Nearby for Sale

    • $89,000
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      Premium residential lots in a growing Rapid City location.
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      Residential Lot in Golf Community

      Residential lot in Elks Country Estates, Rapid City, SD.
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      Residential Lots in Copperfield Vista

      Premium residential lots in a growing Rapid City location.
      3218 Fran Way, Rapid City, SD 57703
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      Residential Lot in Golf Community

      Residential lot in a sought-after golf course community.
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    Similar Nearby for Lease

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    3132 Fran Way
    Rapid City, SD 57703
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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