0 Grandview Dr Rapid City, SD 57701
This online auction presents a unique opportunity to acquire 9.85 acres of vacant land within Rapid City, South Dakota city limits. Located in Pennington County, near the new South Middle School and Monument Health, this property offers significant potential for various development projects. The land is zoned Low-Density Residential, providing flexibility for residential or commercial construction. The rolling topography presents a buildable landscape, free from restrictive covenants. This expansive parcel is ideal for developers seeking a prime location for residential or commercial construction, capitalizing on its proximity to established amenities and Rapid City's growing community. The auction runs online only from December 3rd, 2024, 10 AM MT through December 5th, 2024, 5 PM MT. Detailed property information and registration to bid are available online. This is a rare chance to secure a substantial land holding in a desirable area of Rapid City. The property's location offers easy access to key infrastructure and services, making it an attractive investment for both residential and commercial ventures. The 9.85-acre size allows for substantial development potential, catering to a range of project scales and scopes. Don't miss this chance to own a piece of Rapid City's future.
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
Similar Nearby for Lease
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.