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TBD Elk Vale Road

Rapid City, SD 57703
  • $6,100,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 86621
UPDATED: 56 min ago
$6,100,000
  • 0
    BEDS
  • 24.95
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

LOCATION! LOCATION! LOCATION! 4 prime development lots being sold as one unit. Perfectly situated just off of Hwy 44, at the corner of Elk Vale and Concourse (also on Jubilee), next to the Safeway lot. It's an optimal high-traffic, high-visibility location in a buzzing Rapid Valley business sector. Seller has spent a half a million dollars on different studies, surveys, etc. in the past for a 540-unit, high-end apartment complex under the name of Quail Ridge. There was a TIF application that was accepted at the city level" and, per the facts of the matter, there were communications about a TIF with the county. City water & sewer on sites. Multiple access points mean plenty of layout options. The corner of the lot on the southeast side of the junction of Concourse and Elk Vale would make a great gas station lot. Thriving commercial opportunity, buzzing with opportunity of what could be! Listed at 5.61/SF. Seller is willing to come alongside a qualified buyer with good capital as a partner or as the banker holding a contract for deed. Come take a look!

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© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-12-15T15:44:45.877.
www.blackhillshomesd.com/homes/169685754
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TBD Elk Vale Road Rapid City, SD 57703

  • Price: $6,100,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 56 min ago
  • MLS #: 86621
0
Beds
0
Baths
0
½ Baths
24.95
Acres
Neighborhood:
Rapid Valley
Area:
Rapid Valley
Property Description
LOCATION! LOCATION! LOCATION! 4 prime development lots being sold as one unit. Perfectly situated just off of Hwy 44, at the corner of Elk Vale and Concourse (also on Jubilee), next to the Safeway lot. It's an optimal high-traffic, high-visibility location in a buzzing Rapid Valley business sector. Seller has spent a half a million dollars on different studies, surveys, etc. in the past for a 540-unit, high-end apartment complex under the name of Quail Ridge. There was a TIF application that was accepted at the city level" and, per the facts of the matter, there were communications about a TIF with the county. City water & sewer on sites. Multiple access points mean plenty of layout options. The corner of the lot on the southeast side of the junction of Concourse and Elk Vale would make a great gas station lot. Thriving commercial opportunity, buzzing with opportunity of what could be! Listed at 5.61/SF. Seller is willing to come alongside a qualified buyer with good capital as a partner or as the banker holding a contract for deed. Come take a look!
Exterior Features

Land Description Prairie Lot Description Corner LotPrairieView Lot Lot Size 24.95 ac Road Surface Blacktop Topography Level

Property Features

Access Public Access Auction YN No Commercial Property Type CI Land Documents On File Aerial Photo Electric Location To Lot For Sale Or Rent For Sale Short Sale No Special Assessment 434.73 Subdivision YN No Type Lot Development Property Utilities Sewer City (At Site)

[Mount Rushmore Area Association of Realtors] logoListing information © 2025 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Faith Lewis of Lewis Realty: 605-673-5885.



© 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty Black Hills. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2025-12-15T15:44:45.877.
 
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Keller Williams Realty Black Hills
2401 W Main Street
Rapid City SD, 57702