$599,900
$20K PRICE DROP

Estimated payment $3,687/month

Total Views 108,712
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
2025 $6,264 $448,700 $448,700 $0
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

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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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  • 2376 Vantage Point Ct, Rapid City, SD 57703

    $799,900 Open Sun 12PM - 2PM

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

    Listed by Mike Frybarger, Ascend Realty, 605-786-8679. 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

    Michael Frybarger Ascend Realty

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  • TBD High Bluff Dr Unit Block 9, Lot 17, Box Elder, SD 57719

    $88,900

    • Land
    • 5.03 Acres
    • $17,674 per Acre
    • TBD High Bluff Dr
    • Unit Block 9, Lot 17
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger ASCEND REALTY INC.

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  • TBD High Bluff Dr Unit Block 7, Lot 7, Box Elder, SD 57719

    $91,900

    • Land
    • 5.1 Acres
    • $18,020 per Acre
    • TBD High Bluff Dr
    • Unit Block 7, Lot 7
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! Buy land only, or buy the land and start your new construction home right away! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans,

    Michael Frybarger ASCEND REALTY INC.

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  • TBD High Bluff Dr Unit Block 9, Lot 17, Box Elder, SD 57719

    $88,900

    • Land
    • 5.03 Acres
    • $17,674 per Acre
    • TBD High Bluff Dr
    • Unit Block 9, Lot 17
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger Ascend Realty

    Section Image
  • TBD High Bluff Dr Unit Block 8, Lot 14, Box Elder, SD 57719

    $91,900

    • Land
    • 5.86 Acres
    • $15,683 per Acre
    • TBD High Bluff Dr
    • Unit Block 8, Lot 14
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger Ascend Realty

    Section Image
  • TBD High Bluff Dr Unit Block 7, Lot 10, Box Elder, SD 57719

    $91,900

    • Land
    • 5.1 Acres
    • $18,020 per Acre
    • TBD High Bluff Dr
    • Unit Block 7, Lot 10
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger Ascend Realty

    Section Image
  • TBD High Bluff Dr Unit Block 7, Lot 6, Box Elder, SD 57719

    $88,900

    • Land
    • 5.1 Acres
    • $17,431 per Acre
    • TBD High Bluff Dr
    • Unit Block 7, Lot 6
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger Ascend Realty

    Section Image
  • TBD High Bluff Dr Unit Block 7,Lot 4, Box Elder, SD 57719

    $88,900

    • Land
    • 5.1 Acres
    • $17,431 per Acre
    • TBD High Bluff Dr
    • Unit Block 7,Lot 4
    • Box Elder, SD

    *BRING YOUR OWN BUILDER OR BUILD YOURSELF.* Build your horse property at Sunset Ranch - country living a short drive from town! West River Electric Assn is to the lot line. Water system is owned by a private water company and the tap fee is $10,000.00. Each site will need it's own septic and propane. Plans, elevations, and site plans must be approved by the developer. You will love the open

    Michael Frybarger Ascend Realty

    Section Image

Source: Mount Rushmore Area Association of REALTORS®

MLS Number: 84029

Mount Rushmore Area Association of REALTORS®

APN: 3809254001