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Property profile & analytics
OFF-MARKET
Land

0 Sammis Trl Rapid City, SD 57702

38.18 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 38.18-acre parcel presents a remarkable opportunity for residential development in Rapid City, South Dakota. Strategically located near Highway 16, this property boasts a prime location within city limits, ensuring convenient access to amenities and infrastructure. The land is zoned MDR-Medium Density Residential District, permitting the construction of single-family homes, townhomes, and multi-family dwellings, offering flexibility for various development plans. All necessary utilities are readily available on-site, simplifying the development process and minimizing upfront costs. The surrounding area features a mix of established businesses and natural landscapes, including the US Forest Service – Mystic Ranger Station, Fox Den Store-It, Black Hills Energy, and Black Hills Orthopedic & Spine Center. This presents a unique blend of commercial convenience and natural beauty, making it an attractive location for potential residents. The asking price for this expansive tract is $3,326,242, representing a significant investment opportunity in a rapidly growing area of Rapid City. The address is Sammis Trail, Healing Way, Rapid City, SD 57702, within Pennington County. This property offers developers a chance to create a thriving residential community in a desirable and well-connected location. Don't miss this chance to acquire a substantial piece of land with significant development potential.

Property profile
Verified
Property type Land
Lot 38.18 ac (1,663,121 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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