Current Use by Public Records
- Land
Property Details for 1711 Jubilee Ln
- Lot size
- 11.46 lot acres
- Property type
- Land
Description
This exceptional 11.46-acre commercial land tract, identified as Tract D, presents a prime development opportunity in Rapid City, South Dakota. Strategically located at 1711 Jubilee Ln, 57703, this property boasts a highly visible and accessible location, situated adjacent to and surrounding the Safeway Center on Elk Vale Road. The area benefits from significant traffic volume due to its proximity to Interstate 90 and Highway 44, making it ideal for a variety of commercial ventures. The property is zoned for Office Commercial use, offering flexibility for diverse development plans. This presents a unique chance to capitalize on the high demand for commercial space in this thriving area. The land is ready for immediate development, eliminating lengthy permitting delays. The asking price for this significant parcel is $4,743,378. Ownership is held by an LLC, and the property is well-suited for both commercial and high-density multi-family development projects. Its prime location and zoning make it an attractive investment for developers seeking a high-return opportunity in a rapidly growing market. The property is easily accessible from major transportation arteries, ensuring convenient access for businesses and residents alike. This is a rare opportunity to acquire a substantial land parcel in a highly desirable location within Pennington County. Contact us today to learn more about this exceptional investment opportunity.
Value Estimations
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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
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.154
- Latitude
- 44.0698
