3211 Mall Dr Rapid City, SD 57701
- Commercial real estate
- 1.54 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3211 Mall Dr
- Lot size
- 1.54 lot acres
- Property type
- Commercial real estate
Description
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.
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
- -103.16196109
- Latitude
- 44.10256131
