Property profile

6870 Walleye Way Summerset, SD 57718

OFF-MARKET
Land
3.69 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 3.69 ac (160,736 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6870 Walleye Way Summerset, SD 57718
Summerset metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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