47 C Ave, Wasta, SD 57791-6105
This exceptional 0.05-acre retail lot in Wasta, South Dakota, presents a unique investment opportunity. Located approximately 30 minutes east of Rapid City, this property boasts unparalleled visibility from Interstate 90, ensuring high traffic exposure for any business. The seller is motivated to bring new commerce to the thriving community and is offering the property at a below-market price of $50,000. A restricted use list is in place, prioritizing businesses offering goods and services to the local residents. The seller's commitment to the community extends to a willingness to collaborate on a build-to-suit arrangement for the right prospective buyer, streamlining the development process. This presents a rare chance to establish a business in a growing town with convenient access to a major interstate and the amenities of Rapid City. The seller is actively seeking a buyer who will construct a new building and operate a business within a reasonable timeframe. This is an ideal opportunity for entrepreneurs seeking a high-visibility location with a supportive community and a motivated seller. Don't miss this chance to be a part of Wasta's continued growth and development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.