0 Mall Dr, Rapid City, SD 57701
This exceptional 5.19-acre commercial land parcel presents a prime development opportunity in Rapid City, South Dakota. Located on East Mall Drive, the property boasts significant frontage (728 ft) and depth (almost 300 ft), ensuring high visibility and accessibility. The zoning is General Commercial, allowing for a wide range of uses. Access is available from both East Mall Drive and Taggert Road, providing convenient ingress and egress. The area is experiencing substantial growth, with two new industrial parks recently developed to the east along East Mall Drive. This positive trend suggests strong potential for future motel, retail, and light industrial development within the next five years. The property's strategic location and ample size make it an attractive investment for developers seeking to capitalize on Rapid City's expanding commercial sector. Note that a 12-acre parcel directly west of this property, also fronting East Mall Drive and accessible from Taggart Road and Dakota Craft Drive, is also available. The property is situated in Pennington County, South Dakota, with the address listed as TBD E Mall Dr, Rapid City, SD 57701. The asking price for this exceptional opportunity is $1,808,611.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.