0 Marlin DrRapid City, SD 57703

For Sale
$624,900

3.11-acre development opportunity. Ready-to-build plans.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 3.11-acre commercial property in Rapid City, South Dakota, presents a lucrative investment opportunity. Located in the Marlin Drive Commercial Park, this land offers a ready-to-build hotel/apartment project. Complete architectural and civil plans, compliant with city regulations, are included, streamlining the development process and eliminating permitting delays. The property boasts a prime location near the intersection of Elk Vale Road and East Minnesota Street, along the Highway 16 bypass, experiencing high daily traffic (22,000 vehicles). This ensures excellent visibility and accessibility. Its proximity to the Rapid City Regional Airport (8 miles) further enhances its appeal to travelers. The permitted zoning is General Commercial, making it ideal for a hospitality-focused development to meet the growing demand for accommodations in the area. The asking price for this turnkey development opportunity is $624,900. This property is agent-owned and offers a significant competitive advantage due to the pre-approved plans.

Highlights

  • 3.11-acre commercial lot in Rapid City, SD's Marlin Drive Commercial Park.
  • Ready-to-build hotel/apartment site with approved architectural and civil plans.
  • High-traffic location (22,000 vehicles daily) at Elk Vale Rd and East Minnesota St, near Highway 16 bypass.
  • 8 miles from Rapid City Regional Airport.
  • General Commercial zoning.
  • Asking price: $624,900.

Property Details for 0 Marlin Dr

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
135,472 SF

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.043869021171
Longitude
-103.16757066223
Marlin Dr, Rapid City, South Dakota

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0 Marlin Dr
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