0 Sturgis Rd Black Hawk, SD 57718
This exceptional 3.17-acre commercial lot, located on Sturgis Road in Summerset, South Dakota, presents a remarkable investment opportunity. Priced at $599,000, this property boasts a highly desirable location bordering the residential area of Summerset, ensuring high visibility and accessibility. The lot is zoned GC, offering flexibility for a variety of commercial uses, including but not limited to storage units, a strip mall, or a restaurant. The land is flat and easily developed, eliminating costly site preparation. Previously used as a storage yard, the property has undergone significant improvements. The owner has filled and graded the lot, addressing previous waste stabilization ponds. This prime location offers high traffic counts, making it an ideal spot for businesses seeking strong visibility and convenient access for customers. The asking price of $4.33 per square foot represents exceptional value for a property of this size and location in a growing community. This is a motivated seller situation with a recently reduced price. Don't miss this chance to acquire a highly sought-after commercial property in a thriving area. The property is owned by an LLC.
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.