Catron Blvd, Rapid City, SD
262 acres offered at $1.31sf if purchased in a single transaction. Yes, water/sewer and zoning are included in that remarkable price. Recent parcels in this area have sold for $5-$12sf, most recent 3-acre lot selling for $1.4m which is $10.71sf.
The established businesses surrounding the property being offered: Walmart Supercenter, Arby's, Pizza Ranch, Jimmy John's, Subway, Bank West, USDA, and an Orthodontics Clinic. This highly desired, fast-growing, area on Rapid Citys Southern boundary has seen an explosion in Medical, commercial, residential, and medium-density residential areas in the last six years. There are an estimated 20k-25k people traveling this road daily. So, in a city of less than 100k, it's the place to be!
All properties north of Catron Blvd. are in city limits, all the land being offered here is outside the city limits.
The 262-acre offering includes 40 acres ...
The 262-acre offering includes 40 acres with a home and several out-buildings.
Zoning of each parcel has been broken into the following:
97 ac- Medium Density Residential
53 ac- General Commercial
33 ac- Office Commercial
50 ac- Light Industrial Commercial
10 ac- Neighborhood Commercial
20 ac- TBD
To the right developer or investors, this land holds immense opportunity and as stated earlier, has not been available for purchase in this manner.
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