Tbd Sturgis Rd Summerset, SD 57718
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for Tbd Sturgis Rd
- Lot size
- 2.78 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Summerset
- County
- Meade
- State
- South Dakota
- Longitude
- -103.303
- Latitude
- 44.1402
