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Property profile & analytics

621 E Mall Dr Rapid City, SD 57702

  • Commercial real estate
  • 7.23 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US79-0309646
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 621 E Mall Dr

Lot size
7.23 lot acres
Property type
Commercial real estate

Description

This exceptional 7.23-acre commercial land parcel presents a remarkable investment opportunity in Rapid City, South Dakota. Located at 621 E Mall Dr, this property boasts a highly desirable location in a thriving retail, hospitality, and restaurant corridor, just off Interstate 90. Its strategic position offers unparalleled access to major thoroughfares and significant consumer traffic. The site benefits from proximity to established regional shopping centers such as Rushmore Crossing and The Rushmore Mall, ensuring high visibility and strong potential for attracting a diverse clientele. The property is zoned for General Commercial use, providing flexibility for a wide range of development possibilities. Furthermore, existing infrastructure is already in place, including readily available water, sewer, electric, and gas lines, significantly reducing development costs and timelines. This pre-existing infrastructure streamlines the development process, making this a truly turnkey opportunity for investors seeking a prime location with immediate development potential. The asking price for this exceptional property is $1,995,000. This 7.23-acre parcel in Pennington County, South Dakota, zip code 57701, presents a rare chance to acquire a highly sought-after commercial site in a rapidly growing area. Don't miss this chance to capitalize on the significant potential of this prime location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Rapid City
County
Pennington
State
South Dakota
Longitude
-103.1978777
Latitude
44.1076631
More about this property
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