$599,900
$20K PRICE DROP

2527 Elderberrry Blvd Rapid City, SD 57703

Estimated payment $3,832/month

Total Views 69,406
2.06 Acres
$291,214 Price per Acre
89,734 Sq Ft Lot

About This Lot

Prime 2.06-acre commercial lot in the heart of Rapid Valley! This flat, fully usable parcel offers excellent visibility and access along Elderberry Blvd, making it ideal for a wide range of commercial developments. Located next to the well-kept Common Cents gas station and Super Tunnel car wash, this lot is surrounded by growing infrastructure, including new apartment complexes—providing a built-in customer base. With Rapid City Regional Airport just minutes away, this location is a top contender for a future hotel or other high-traffic business. Whether you're planning retail, hospitality, or service-based development, this lot offers the space, exposure, and location to make your project a success.

Listing Agent

Michael Frybarger

Ascend Realty License #15164 Listed on: 04/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,228

Lot Details

  • 2.06 Acre Lot
  • Corner Lot
  • Level Lot
  • Subdivision Possible
  • Property is zoned Commercial

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$6,228

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Acreage
  • Special Assessment: StormWater
  • Subdivision Yn: Yes
  • Utilities Electric: WREA
  • Utilities Gas: MDU
  • Water Assessment: 35.89
  • Access: Public Access
  • Electric Location: To Lot
  • Type Lot: Development Property
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface: Blacktop

Utilities

  • Utilities Sewer: City (At Site)
  • Water: City

Schools

  • School District: Rapid City
  • School District: Rapid City

Lot Info

  • Lot Description: Corner Lot
  • Lot Size: 2.06
  • Number Of Acres: 2.06
  • Zoning: Commercial
  • Land Description: City Limits, Platted
  • Price Per Acre: 291214
  • Size Of Lot: 1.01 - 5
  • Topography: Level

Tax Info

  • RE Taxes: 6227.64
  • Re Tax Year: 24

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,264 $448,700 $448,700 $0
2023 $6,473 $448,700 $448,700 $0
2022 $5,213 $336,500 $336,500 $0
2021 $5,717 $336,500 $336,500 $0
2020 $5,909 $336,500 $336,500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $599,900 -3.2% --
04/21/2025 04/21/25 For Sale $619,900 -- --
Source: Mount Rushmore Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $399,900 --
Source: Public Records

About the Listing Agent

Michael Frybarger

Ascend Realty

(605) 566-6463

Section Image

Immediately after high school in 2005, I enlisted in the U.S. Army as a 13F Forward Observer for the Artillery. I had a very succesful 5 year career which included 2 tours of duty in Iraq. I was in Baghad as part of the "Troop Surge" of 2007-2008 and stationed in northern Iraq in 2009-2010. I decided I wanted a family, and the Army life wasn't conducive to the type of family life I wanted to have, so after my last tour, I returned home and enrolled in college at Black Hills State University.

Michael's Other Listings

  • 2527 Elderberry Blvd, Rapid City, SD 57703

    $599,900

    • Land
    • 2.06 Acres
    • $291,214 per Acre
    • 2527 Elderberry Blvd
    • Rapid City, SD

    Prime 2.06-acre commercial lot in the heart of Rapid Valley! This flat, fully usable parcel offers excellent visibility and access along Elderberry Blvd, making it ideal for a wide range of commercial developments. Located next to the well-kept Common Cents gas station and Super Tunnel car wash, this lot is surrounded by growing infrastructure, including new apartment complexes—providing a

    Michael Frybarger ASCEND REALTY INC.

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  • 3111 Dry Creek Ct, Rapid City, SD 57703

    $339,900 Under Contract

    • 4 Beds
    • 2 Baths
    • 1,900 Sq Ft
    • 3111 Dry Creek Ct
    • Rapid City, SD

    Welcome to this wonderfully maintained ranch-style home, offering comfort, functionality, and space in all the right places. With 3 bedrooms on the main level, newer flooring throughout, and charming updates, this home is truly move-in ready. The basement features a large family room perfect for entertaining or relaxing, second bathroom, 4th bedroom (may not be to code due to window size), and a

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  • TBD E Other Unit TBD E HWY 44, Rapid City, SD 57701

    $324,900

    • Land
    • 1.07 Acres
    • $303,645 per Acre
    • TBD E Other
    • Unit TBD E HWY 44
    • Rapid City, SD

    Great building site with a great location. Located on a main thoroughfare, this lot gives easy access to just about anywhere making it an ideal location for your business. The lot slopes gently from the front to back and has decent views of the black hills. Traffic counts for this stretch of E Hwy 44 are over 15,000 vehicles per day according to the 2022 traffic study. Zoning is General

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  • 3520 Arizona St, Rapid City, SD 57701

    $399,900 Under Contract

    • 5 Beds
    • 2.5 Baths
    • 2,240 Sq Ft
    • 3520 Arizona St
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    Welcome to 3520 Arizona St—an inviting 2-story home with a full basement, located on a spacious corner lot with a fenced backyard and mature trees. Step inside to find a beautifully updated kitchen featuring Cambria countertops, elegant white cabinetry, and a sleek black stainless appliance package. The main floor flows seamlessly, and upstairs you’ll find four bedrooms and a full bathroom. The

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  • 1245 Pine Cone Ln, Rapid City, SD 57701

    $659,900 Open Sun 11AM - 12PM

    • 3 Beds
    • 3 Baths
    • 2,973 Sq Ft
    • 1245 Pine Cone Ln
    • Rapid City, SD

    Welcome to 1245 Pine Cone Ln in the serene Laurel Heights neighborhood of Rapid City. This stunning 3 bed, 3 bath home sits on a spacious 1.12-acre lot and offers nearly 3,000 sq ft of well-designed living space. The main level features an open floor plan with a large living room, a cozy fireplace, and a gourmet kitchen with a built-in gas range. The luxurious primary suite includes a walk-in

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  • 3715 Lawrence Dr, Rapid City, SD 57701

    $329,900 Under Contract

    • 4 Beds
    • 3 Baths
    • 2,496 Sq Ft
    • 3715 Lawrence Dr
    • Rapid City, SD

    Welcome to 3715 Lawrence Drive. This property boasts 4 bedrooms, 3 full baths, and sits on a .23-acre lot, providing plenty of room for outdoor enjoyment. Inside, you'll appreciate the expansive family room, ideal for relaxing or hosting friends. One standout feature of this home is the primary en-suite bedroom, complete with two large closets and a private bathroom. The fully finished walkout

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  • TBD E Hwy 44, Rapid City, SD 57703

    $324,900

    • Land
    • 1.07 Acres
    • $303,645 per Acre
    • TBD E Hwy 44
    • Rapid City, SD

    Great building site with a great location. Located on a main thoroughfare, this lot gives easy access to just about anywhere making it an ideal location for your business. The lot slopes gently from the front to back and has decent views of the black hills. Traffic counts for this stretch of E Hwy 44 are over 15,000 vehicles per day according to the 2022 traffic study. Zoning is General

    Michael Frybarger ASCEND REALTY INC.

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  • 2376 Vantage Point Ct, Rapid City, SD 57703

    $839,900

    • 5 Beds
    • 4 Baths
    • 4,369 Sq Ft
    • 2376 Vantage Point Ct
    • Rapid City, SD

    This thoughtfully designed home offers room to spread out, with 1.8 acres and wide-open views of the rolling hills. The great room makes a stunning first impression with soaring ceilings and two stories of windows. The kitchen features a walk-in pantry, under-cabinet lighting, tile backsplash, and a large island with breakfast bar, flowing into a bright dining area. The main-level primary suite

    Michael Frybarger ASCEND REALTY INC.

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  • TBD Cleghorn Canyon Rd, Rapid City, SD 57702

    $149,900

    • Land
    • 2.67 Acres
    • $56,142 per Acre
    • TBD Cleghorn Canyon Rd
    • Rapid City, SD

    Build you dream home in the gorgeous Cleghorn Canyon! This 2.67 acre lot is within walking distance to Braeburn Dog Park, Cleghorn Springs Fish Hatchery, and Canyon Lake. The Rapid City Bike path is nearby as well. The lot features beautiful rock formations and plenty of pine trees.

    Michael Frybarger ASCEND REALTY INC.

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Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 84029

Mount Rushmore Area Association of REALTORS®

APN: 3809254001