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    OFF-MARKET
    Commercial real estate

    3211 Mall Dr, Rapid City, SD 57701

    1.54 ac lot
    Property ID
    US79-0557668
    Property summary
    AI-generated overview

    This exceptional 1.54-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Situated directly in front of the highly successful Cabela's store on East Mall Drive, this property boasts unparalleled visibility and accessibility. The lot is zoned GC, offering flexibility for a variety of commercial uses. With a land value of $7.45 per square foot and an asking price of $500,000, this represents a strong value proposition in a rapidly developing area. The strategic location between I-90 exits 61 and 60 ensures high traffic volume, benefiting from proximity to major retailers including Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota, and Rushmore Honda. Furthermore, the property's close proximity (3 miles) to Ellsworth Air Force Base (EAFB) and the anticipated arrival of the new B-21 Raider significantly enhances its long-term growth potential. This prime retail location offers an exceptional chance to establish or expand a business in a thriving South Dakota market. The property is owned by an LLC. Don't miss this opportunity to secure a prominent position in Rapid City's dynamic commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 1.54 ac (67,082 SF)
    UPID US79-0557668
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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