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Lot A South Valley Drive Lot A South Valley Drive, Rapid City, SD 57703
Property Description
Prime 2.17-Acre Commercial Lot — Ready for Development in Rapid Valley, SD Property Overview: Strategically positioned at a high-visibility, signalized 4-way intersection, this 2.17-acre general commercial lot is grade-ready and primed for your next retail, service, or mixed-use project. The property boasts 638 linear feet of combined frontage along S. Valley Drive and E. St. Patrick Street, ensuring exceptional access and exposure. All city utilities and services are available in the immediate area. Location Highlights: Located in Rapid Valley, one of the fastest-growing suburbs of Rapid City, this site benefits from strong regional growth fueled by major residential, commercial, and industrial development. The area’s momentum is anchored by Elk Vale Road (US Highway 16B/SD 437) — a key transportation corridor and development hub connecting Rapid City to regional and interstate routes. Market & Growth Drivers:• Booming Population: Rapid City’s population has surged by over 10,000 residents since 2020, including a 3.05% increase in 2024 —one of the strongest growth rates in decades. • Development Hotspot: The south and east Elk Vale corridor is experiencing unprecedented investment, with hundreds of new apartments, single-family homes, and commercial spaces underway. • VibrantSurroundings: The immediate area around the property includes a new Starbucks, multiple apartment complexes, residential neighborhoods, and a mix of non-profit and for-profit businesses, creating a dynamic, high-traffic environment. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
Highlights
Key Features: • 2.17 acres (grade-ready) • 638’ total frontage (S. Valley Dr. & E. St. Patrick St.) • Corner location with full 4-way signalizedaccess • All city services available • Ideal for retail, service, office, or mixed-use development Why Invest Here: Rapid Valley and the greaterRapid City area combine economic strength, low taxes, and high quality of life, attracting both residents and businesses. This lot offers a rare, shovel-ready opportunity to position your business or development project in the path of Rapid City’s continued expansion.
Full Address: Lot A South Valley Drive, Rapid City, SD 57703
Listing Type: FOR SALE
Status: Active
Zoning: General Commercial
Region: M-WN
Closest Cross Streets: St Patrick Street
Property ID: 4093328
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Gas: Yes
Parcel Num: 3809101002
Key Features: • 2.17 acres (grade-ready) • 638’ total frontage (S. Valley Dr. & E. St. Patrick St.) • Corner location with full 4-way signalizedaccess • All city services available • Ideal for retail, service, office, or mixed-use development Why Invest Here: Rapid Valley and the greaterRapid City area combine economic strength, low taxes, and high quality of life, attracting both residents and businesses. This lot offers a rare, shovel-ready opportunity to position your business or development project in the path of Rapid City’s continued expansion.