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Investment Highlights

  • Great corner lot with high visibility
  • Zoned General Commercial
  • Signaled intersection in desirable Northwest Rapid City

Executive Summary

Asking price: $229,000
2025 taxes: $1,968.68
Legal: Rounds, C D, Block 11, Lots 6-7; Lots 4-5; Part of Lot H1 in Lots 2 & 3 | Township 2N, Range 7E, Section 33
Water and sewer: City of Rapid City
Commercial corner lot positioned for retail, service, or office users at the signalized intersection of Sturgis Rd and W Chicago St on Rapid City's west side, serving an established residential and neighborhood commercial area. The 0.46-acre site offers dual-frontage visibility with approximately 13,767 vehicles per day on Sturgis Rd and 10,467 on W Chicago St (2024 MPO counts). Zoned General Commercial, the property supports a range of small-format commercial uses with all city utilities available. A shared access easement provides established ingress, egress, and parking. The intersection functions as a neighborhood commercial node with surrounding convenience retail, restaurants, and service businesses driving consistent daily traffic. Prior planning for a roughly 1,500 SF building footprint provides a starting point for future development, with flexibility to adapt the site to a variety of uses.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per AC
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual -
Annual Per AC -
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $229,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Bank
  • Convenience Store
  • Fast Food
Total Lot Size 0.46 AC
Zoning General Commercial - General Commercial

1 Lot Available

Lot

Price $229,000
Price Per AC $497,826.09
Lot Size 0.46 AC

Three-parcel assemblage | 0.46 acres total | Dual frontage: Sturgis Rd and W Chicago St

Description

Extremely high-visibility corner lot on a busy westside intersection (12,293 traffic count). General commercial zoning makes it perfect for your next retail or office project. Access easement and shared parking with the building next door. Previously planned out for a ~1,500sfbuilding footprint and 14+ additional parking spaces. Plans available upon request.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 28449438

  • Date on Market: 5/10/2023

  • Last Updated:

  • Address: 3637 Sturgis Road, Rapid City, SD 57702

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