24063 Highway 385, Hill City, SD 57745
This exceptional turnkey hospitality business in Hill City, South Dakota, presents a rare investment opportunity. Located on a high-traffic section of Highway 16/385, this established resort boasts 11 charming cabins and a year-round coffee shop, ensuring consistent revenue streams. The property includes a spacious, two-story owner's residence (2,736 sq ft) featuring three bedrooms, three and a half bathrooms, an attached two-car garage/shop, and a bonus room. The property sits on 5.06 acres, providing ample space for expansion or future development. The business has operated successfully for decades, with a loyal customer base and a robust reservation system that will transfer to the new owner. The current owners are willing to provide training to ensure a smooth transition. Financials are available upon request with a signed Non-Disclosure Agreement. This property is zoned Highway Service, offering flexibility for various uses. The sale includes all existing reservations and advance deposits. This is an ideal opportunity for a family business, a residence with an income-generating component, or a straightforward investment property. The combination of established clientele, prime location, and substantial property size makes this a truly unique offering.
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.
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.