0 Mall Dr 9.82 AcresRapid City, SD 57701

For Sale
$1,818,000

9.82 Acres, High-Traffic Location, $1.8M

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 9.82-acre commercial land parcel presents a prime investment opportunity in Rapid City, South Dakota. Strategically located on East Mall Drive with direct Interstate 90 frontage (between exits 60 and 61), this property boasts unparalleled visibility and accessibility. The GC zoning allows for a wide range of commercial development possibilities. The asking price is $1,818,000, translating to a land value of $4.25 per square foot. The high-traffic location benefits from proximity to major retailers including several prominent auto dealerships (Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota, and Rushmore Honda), as well as hotels and a new emergency room hospital under construction nearby. Furthermore, the property's advantageous position near Ellsworth Air Force Base (EAFB), only three miles east, is significantly enhanced by the upcoming arrival of the B-21 Raider. This rapidly developing area offers substantial growth potential. The lot includes two planned curb cuts on East Mall Drive, one shared with the adjacent lot to the west and another shared with the lot to the east. This property is owned by an LLC and presents a unique chance to establish or expand a business in a thriving South Dakota market. The property is situated in Pennington County, zip code 57701.

Highlights

  • 9.82-acre commercial land parcel in Rapid City, SD.
  • Prime location on East Mall Drive with I-90 frontage (between exits 60 & 61).
  • GC zoning allows diverse commercial development.
  • $1,818,000 asking price; $4.25/SF land value.
  • High-traffic area near major retailers and Ellsworth AFB.

Property Details for 0 Mall Dr 9.82 Acres

Property type
Other land, Land
Lot Size (sq. ft)
427,759 SF

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.1026041
Longitude
-103.168558
Mall Dr 9.82 Acres, Rapid City, South Dakota

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0 Mall Dr 9.82 Acres
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