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    7900 Stagestop Rd Summerset, SD 57718-9135
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    Property profile & analytics

    7900 Stagestop Rd Summerset, SD 57718-9135


    • Commercial real estate
    • 1.65 lot acres
    Off-Market
    Last Sale Jan 18, 2023
    Property ID
    US79-0117349
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • StageStop Receptions / Hotel & Motel / Resort
    • Ramada Summerset / Rapid City West / Wedding Service
    • Ramada by Wyndham Summerset Rapid City West / Hotel & Motel
    • Summerset Hotel & Suites / Hotel & Motel
    • ATM / Atm

    Property Details for 7900 Stagestop Rd

    Lot size
    1.65 lot acres
    Property type
    Commercial real estate
    APN
    0C.60.09
    APU
    0C6009

    Description

    This exceptional 55-key hotel, built in 2000, boasts 71,775 square feet on a 1.65-acre lot in Summerset, South Dakota. Located on I-90, it benefits from high visibility and proximity to major attractions like the Sturgis Motorcycle Rally and Mount Rushmore (35 miles). The property is in excellent condition and presents a significant branding opportunity. The asking price is $3,200,000, translating to $44.58 per square foot. The surrounding area exhibits strong growth potential, making this a turnkey operation ideal for investors seeking a profitable venture in the thriving Black Hills hospitality market. This single-building hotel offers a compelling investment opportunity due to its prime location, strong performance, and potential for future expansion. The hotel's strategic position between Sturgis and Rapid City ensures consistent occupancy, particularly during peak tourist seasons. The property's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. This is a rare opportunity to acquire a well-established hotel in a rapidly growing region with significant upside potential.


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    Location Insight

    • Map
    • Local Demand
    City
    Summerset
    County
    Meade
    State
    South Dakota
    Longitude
    -103.351
    Latitude
    44.1987
    CBSA code
    39660
    CBSA name
    RAPID CITY, SD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $35,001
    $197,654
    $1,982,335
    $2,179,989
    -
    $0.00
    $0.00
    $0.00
    More about this property
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