6881 Walleye Way, Summerset, SD 57718
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.
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
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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.