Unlock the potential of this prime property, ideally situated in the coveted Black Hills of South Dakota area. Zoned for Medium Density Residential use, the property offers a rare opportunity for multifamily investors seeking to capitalize on the region’s thriving market. Its strategic location provides easy access to urban conveniences, while still offering a tranquil residential environment. With the potential to develop multifamily dwellings, this property presents a compelling investment prospect in a sought-after location. Embrace the opportunity to shape the landscape of this vibrant community by leveraging the property’s ideal zoning and prime setting in the Black Hills region.
Property Details
Price:
$1,499,000
MLS #:
80525
Status:
Active
Baths:
0
Address:
865 Valley Drive
Type:
Land
Subdivision:
North Rapid Addition
Neighborhood:
rapidcitynorth
City:
Rapid City
Listed Date:
Jun 7, 2024
State:
SD
ZIP:
57701
Lot Size:
510,958 sqft / 11.73 acres (approx)
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I M P R O V E M E N T S
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L A N D D E S C R I P T I O N
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L O T D E S C R I P T I O N
Interior Lot
M I N E R A L R I G H T S
Unknown
R O A D S U R F A C E
Concrete
S O I L C L A S S
Unknown
S U R F A C E W A T E R
None
T O P O G R A P H Y
Level, Rolling
Financial
U T I L I T I E S- E L E C T R I C
B H E
U T I L I T I E S- G A S
M D U
U T I L I T I E S- S E W E R
City ( At Site)
U T I L I T I E S- W A T E R
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Community
- Address865 Valley Drive Rapid City SD
- AreaRapid City -North
- SubdivisionNorth Rapid Addition
- CityRapid City
- Zip Code57701-9999
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© 2025 Mount Rushmore Area Association of Realtors®., Inc. All Rights Reserved.Courtesy of eXp Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than Dakota Home and Ranch Real Estate include the name of the listing broker. Neither the listing company nor Dakota Home and Ranch Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
865 Valley Drive
Rapid City, SD
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