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Highway 1416 - Multi-family Land - Box Elder SD 24.75 Acres of Commercial Land Offered at $5,126,438 CAD in Box Elder, SD 57719

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Investment Highlights

  • Great visibility and access to interstate Highway

Executive Summary

Seller would consider subdividing property.

Property Facts

Price $5,126,438 CAD
Sale Type Investment
Sale Conditions
1031 Exchange
  • Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 24.75 AC
Zoning MDR - Multifamily - MDR

1 Lot Available

Lot

Price $5,126,438 CAD
Price Per AC $207,128.80 CAD
Lot Size 24.75 AC

Shovel ready multi-family development site for multi-family development.

Description

Listed by Kevin Andreson, KWBH 605-646-5409. Commercial Development Opportunity | Box Elder, South Dakota Positioned in one of the fastest-growing corridors in the Black Hills region, this development-ready commercial site in Box Elder offers exceptional potential for multifamily, mixed-use, or residential investment. Located just minutes from the main gate at Ellsworth Air Force Base—and directly benefiting from the planned B-21 mission expansion—this property sits in the path of sustained population and housing demand growth. The site is fully graded and prepared for multifamily construction, with city utilities available and strong infrastructure support already in place. Excellent visibility from Interstate 90 enhances exposure for future development, while immediate access to Liberty Boulevard places the property at the center of ongoing residential and commercial expansion tied to Ellsworth AFB and the surrounding Box Elder growth corridor. Surrounded by new single-family construction and emerging commercial services, this location is ideally suited for apartments, townhomes, workforce housing, or a mixed-use concept serving military personnel, contractors, and the expanding local workforce. Flexible acquisition options are available: purchase an individual parcel or assemble the entire tract to support a larger-scale development vision. Key Investment Highlights Prime Box Elder location near Ellsworth AFB main gate Direct demand drivers from B-21 mission growth and military expansion Zoned and graded for multifamily or mixed-use development City utilities available High visibility from I-90 Located along Liberty Blvd growth corridor Parcel-by-parcel or full-tract purchase options This is a strategic opportunity to secure a shovel-ready site in a high-growth military and residential expansion market with long-term multifamily and mixed-use demand fundamentals.

  • Listing ID: 26235177

  • Date on Market: 2022-07-22

  • Last Updated:

  • Address: Highway 1416, Box Elder, SD 57719

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