1424 Luna Ave Rapid City, SD 57701
- Commercial real estate
- 3.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1424 Luna Ave
- Lot size
- 3.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.5-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Located at 1424 Luna Ave, this property boasts a General Commercial zoning designation, providing flexibility for a wide range of commercial ventures. Its strategic location offers unparalleled visibility and accessibility, situated directly behind Sam's Club and between Staybridge Suites and Pizza Ranch. The property benefits from its proximity to the nearly fully occupied Rushmore Crossing shopping complex, ensuring high foot traffic and strong consumer presence. The development of a new retail strip center adjacent to the property further enhances its potential, promising increased business activity and a thriving commercial environment. This prime location is ideal for retail establishments, office spaces, or lodging facilities, capitalizing on the existing vibrant retail, hospitality, and restaurant district. The asking price for this exceptional property is $799,000. With its size, zoning, and strategic location, this 3.5-acre lot in Pennington County (zip code 57701) represents a compelling investment opportunity for discerning buyers seeking to establish a presence in a rapidly growing commercial area. The property's coordinates are 44.0983794 latitude and -103.1958406 longitude.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.1958406
- Latitude
- 44.0983794
