621 E Mall Dr Rapid City, SD 57702
- Commercial real estate
- 7.23 lot acres
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
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.1978777
- Latitude
- 44.1076631