0 Heather Ln Summerset, SD 57718
This exceptional 2.65-acre commercial lot, located in Summerset, South Dakota, presents a unique investment opportunity. Situated on Heather Ln, this property boasts a highly desirable GC zoning designation, allowing for a wide range of commercial development possibilities. Priced competitively at $375,000, this lot offers significant value at $3.25 per square foot. The property is part of a new subdivision conveniently located off Sturgis Road, providing easy access to major transportation routes and the nearby city of Rapid City. All utilities, including electricity, gas, and city water, are readily available at the lot line, simplifying the construction process. Regional drainage is already in place, further streamlining development. This ready-to-build lot is perfect for businesses seeking to establish a presence in a rapidly growing commercial area. The property is owned by an LLC and offers excellent visibility and accessibility, making it an ideal location for a variety of commercial ventures. Don't miss this chance to secure a prime piece of commercial real estate in a thriving South Dakota community. The zip code is 57718.
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
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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.