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TBD North St
Rapid City, SD 57701
TBD North ST · Land For Sale · 1.54 AC

Investment Highlights

  • In fill lot
  • Close to civic center
  • Close to downtown

Executive Summary

Large MDR lot close to Monument Event Center and Downtown, lot within the qualified census tract will qualify for affordable housing units also ideal for 2 or 3, 6-plexes or a couple of 12-plexs could build up to a 40-unit single building, city would possibly allow a rezone to general commercial for another office or medical building. With 30% down the owner will carry the Ballance at 4% interest for 10 years.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Office
  • Mixed Use
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Medical
  • Storefront, Retail or Office
Total Lot Size 1.54 AC
Opportunity Zone Yes
Zoning MDR - All uses allowed in Rapid City MDR district

1 Lot Available

Lot 1-16

Price $256,275 CAD
Price Per AC $166,412.33 CAD
Lot Size 1.54 AC

In fill lot close to city center and civic center with in the qualified census tract.

Description

Large MDR lot close to Monument Event Center and Downtown, lot within the qualified census tract will qualify for affordable housing units also ideal for 2 or 3, 6-plexes or a couple of 12-plexs could build up to a 40-unit single building, city would possibly allow a rezone to general commercial for another office or medical building. With 30% down the owner will carry the Ballance at 4% interest for 10years.

Property Taxes

Property Taxes

Parcel Number
0055772
Land Assessment
$22,962 CAD
Improvements Assessment
$0 CAD
Total Assessment
$22,962 CAD
  • Listing ID: 40366511

  • Date on Market: 2026-05-01

  • Last Updated:

  • Address: TBD North St, Rapid City, SD 57701

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