24100 S Rockerville Rd Rapid City, SD 57701
For Sale
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This exceptional 80.22-acre commercial land offering in Pennington County, South Dakota presents a unique investment opportunity. Located at 24100 S. Rockerville Rd, Rapid City, SD 57702, this Black Hills property boasts several architecturally designed structures in excellent condition. Key buildings include a 15,530 square foot flagship building and a 16,353 square foot Owen school building, along with the historic Tully House cabin (square footage approximate). The property also features two paved parking lots, a lookout tower, a well, a 15,000-gallon reservoir, and a seasonal creek traversing the land. The property's versatile nature allows for a multitude of uses, including but not limited to: private school, training facility, retreat center, church camp, destination resort, senior living complex, retirement center, or private residential development. The absence of covenants provides significant flexibility for future development. Situated approximately 15 minutes from Rapid City, this property offers unparalleled potential and is priced at $7,000,000. The latitude and longitude coordinates are 43.9091639, -103.3775762 respectively.
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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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.