Property profile

6881 Walleye Way Summerset, SD 57718

OFF-MARKET
Land
3.38 ac lot
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Property summary

AI-generated overview

This exceptional 3.38-acre commercial land parcel presents a unique investment opportunity in Black Hawk, South Dakota. Located at 6881 Walleye Way, this property boasts a desirable location near Rapid City, offering convenient access to I-90 and all city amenities while maintaining a peaceful, country setting. Zoned for residential use, the land is priced at $175,000, translating to approximately $51,775 per acre. The property features existing infrastructure including Black Hawk water service and MDU gas readily available at the lot line. A septic system is also in place for sewer needs. While subject to existing covenants and HOA review, this lot provides the ideal canvas for building a dream home or developing a commercial project. Buyers are encouraged to independently verify all zoning regulations and HOA guidelines. The expansive acreage offers breathtaking views, making it an attractive option for those seeking a blend of rural tranquility and urban convenience. This is a rare opportunity to acquire a sizable parcel of land in a rapidly growing area. Don't miss out on this exceptional investment potential.

Property profile

Verified
Property type Land
Lot 3.38 ac (147,233 SF)

Cap rate & NOI

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

Location

6881 Walleye Way Summerset, SD 57718
Summerset metro
Google Maps

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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