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    OFF-MARKET
    Commercial real estate

    Tbd Sturgis Rd, Summerset, SD 57718

    2.78 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.78-acre commercial lot presents a unique opportunity in the thriving Summerset, SD market. Ideally situated at the northeast corner of Sturgis Road and Democracy Street, this property boasts premium visibility and accessibility from a high-traffic area. The lot has already been subdivided to its current size, simplifying the development process. Its generous acreage allows for a wide range of medium to large-scale commercial projects. Access is readily available from Sturgis Road, connecting to both American Eagle and Democracy Streets, ensuring excellent connectivity and convenient ingress/egress. All essential utilities are conveniently located at the lot line, including three-phase electric power, municipal water and sewer services, and communication lines. This eliminates significant upfront infrastructure costs and accelerates project timelines. The property benefits from the attractive economic incentive of a 0% Meade County property tax abatement for new commercial developments over a five-year period, significantly reducing initial financial burdens. This represents a compelling investment opportunity in a picturesque Black Hills foothills setting, experiencing notable local growth. Prospective buyers are responsible for independently verifying all details pertaining to this listing, including but not limited to, zoning regulations, utility specifications, and tax incentives.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 2.78 ac (121,097 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
    AI Approach AI
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    CAP Approach CAP
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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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