6870 Walleye Way, Summerset, SD 57718
This exceptional 3.69-acre commercial land parcel presents a unique investment opportunity in Black Hawk, South Dakota. Located at 6870 Walleye Way, this property boasts a desirable location just minutes from Rapid City, offering the best of both worlds: peaceful country living with convenient access to city amenities and Interstate 90. Zoned for residential use, this expansive lot provides ample space for a variety of development projects. The asking price is $175,000, translating to approximately $47,425 per acre. Utilities are readily available, with Black Hawk water service and MDU gas extending to the lot line. A septic system is required for sewer. While subject to existing covenants and homeowner's association review, this property offers significant potential for building a dream home or undertaking a commercial venture. The property's location in Meade County, South Dakota, zip code 57718, ensures easy access to major transportation routes and nearby urban conveniences. This is a rare opportunity to acquire a sizable lot in a rapidly growing area. Don't miss out on this chance to secure your piece of South Dakota's desirable landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.