$790,109
$118K PRICE INCREASE

TBD Republic Rd Unit 4.592 AC Summerset, SD 57718

Estimated payment $4,902/month

Total Views 31,612
4.59 Acres
$172,137 Price per Acre
199,940 Sq Ft Lot

Highlights

  • City View
  • Interior Lot
  • Southern Exposure
  • 4.59 Acre Lot

About This Lot

The lot is rectangular in shape with approximate average dimensions of 337' width X 578' depth - see attached plat. Sewer and water may be accessed along I90 or Republic Road. All other utilities may be accessed along Republic Road. The lot is zoned General Commercial and is well suited for development with a cross slope of 3-4%. This lot is nice sized for multiple medium to large sized projects with approximate footage along I90 of 337 LF. The City of Summerset has recently completed a new sanitary sewer plant expansion which allows the population of Summerset to roughly double the size of the city. Take advantage of the new sliding scale discretionary property tax abatement with Meade County - see attached RESOLUTION 2025-30 DISCRETIONARY FORMULA.

Listing Agent

Phillip Olsen

OLSEN REAL ESTATE Listed on: 01/26/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,743

Lot Details

  • 4.59 Acre Lot
  • Southern Exposure
  • Interior Lot
  • Level Lot
  • Property is zoned General Commercial

Property Views

  • City
  • Hills

Home Design

  • Planned Development

Community Details

  • Summerset Usa Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$8,743

Lot Details

0

Listing Details

  • Class: LAND
  • Type: Commercial
  • Lvt Date: 01/26/2022
  • View: Hills, City
  • Access: Public, Right of Way
  • Special Directions: I 90 to Exit 48, west to Sturgis Road, south to Democracy, right on Republic, lot is located in the center of Republic Road on the east side.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Surface: Blacktop

Utilities

  • Electricity: BHE Company
  • Gas: MDU
  • Sewer: City at Site
  • Water: City (at site)

Lot Info

  • Lot Size: 4.592
  • Number Of Acres: 4.59
  • Zoning: General Commercial
  • Land Description: Interior Lot
  • Mineral Rights: Unknown
  • Size Of Lot: 1-5 Acres
  • Topography: Level, Sloping
  • Type Of Lot: Building Site, Development Property, Solar Potential, View Property, Southern Exposure, Flat, Interior

Tax Info

  • Year: 2024
  • Taxes: 8743.44

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2022 12/14/22 Price Changed $790,109 +14.5% --
04/06/2022 04/06/22 Price Changed $690,000 +2.7% --
01/26/2022 01/26/22 For Sale $671,761 -- --
Source: Black Hills Association of REALTORS®

Source: Black Hills Association of REALTORS®

MLS Number: 157563

Black Hills Association of REALTORS®
South Dakota Meade County Summerset 57718

TBD Republic Rd Unit 4.592 AC, Summerset, SD

For Sale

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Phillip Olsen
Listing Agent
Phillip Olsen
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OLSEN REAL ESTATE
(605) 525-4244