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    FOR SALE
    Commercial real estate

    631 W Mt. Rushmore Rd, Custer, SD 57730

    0.56 ac lot Built 1985
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US79-0611960
    Property summary
    AI-generated overview

    This exceptional 0.56-acre commercial land parcel presents a unique investment opportunity in Custer, South Dakota. Strategically located on busy US Highway 16 at the western edge of town, this property boasts unparalleled visibility and high traffic counts, ensuring maximum exposure for any business. Situated within Custer city limits, it benefits from convenient access to all city services, already connected to or readily available on-site. The location is highly desirable, within walking distance of Custer's vibrant downtown area, offering easy access to a full range of amenities and services. Many of Custer's prominent motels are also nearby. This prime location is ideally suited for a variety of commercial ventures, particularly fast-food restaurants or other businesses seeking high visibility and substantial foot traffic. The property's potential is further enhanced by its proximity to tourist attractions and the bustling activity of the area. The seller is open to considering a contract for deed, offering flexible financing options. Don't miss this chance to secure a thriving commercial location in the heart of Custer. The address is 631 Mt Rushmore Rd, Custer, SD 57730.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1985
    Lot 0.56 ac (24,394 SF)
    APN 8919
    UPID US79-0611960
    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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    Blend (final) Blend
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    Owner & transaction history
    Robert Drake · 16 yrs held
    Robert Drake
    since 2010
    2 recorded transactions
    2010
    $210,000
    2009
    $190,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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