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$ 2,070,864
Est. payment | /mo
5.95 Acres Lot
$ 2,070,864
Est. payment | /mo
5.95 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 171592
Lot Size 5.950 Acres
Property Sub-Type Commercial
Property Description
Rapid City, SD—Anchored by future Safeway Shopping Center subdivision, this complementary opportunity at the busy intersection of Elk Vale Road & Concourse Drive is now available for sale. Property is zoned “Office Commercial” allowing for a variety of commercial uses and multi-family housing. TIF application has been submitted for off-site civil improvements with complete traffic-study available. Land planning for a multi-family project providing high-quality housing project has been completed and may be available, offer depending. Lot B (5.95 AC) & Lot C (6.72 AC) are available for sale now at $7.99/sf. Lot D (11.46 AC) will be available in a future phase. Rapid City is booming and is the second largest city in South Dakota Rapid City named to Livability's top 100 Best Places to Live in the U.S. for 2024 Average Weekly Wages $1,064 (as of October 31, 2024). B21 Bomber program awarded to Ellsworth AFB creating an immense need for off-base housing.
Location
State SD
County Pennington
Area Southeast
Zoning Office Commercial
Building
Lot Description Building Site, Development Property
Listed by NORTHSTAR REALTY
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