TBD Elk Vale Road, Rapid City, SD 57703

Property Description

LOCATION! LOCATION! LOCATION! 4 prime development lots being sold as one unit. Perfectly situated just off of Hwy 44, at the corner of Elk Vale and Concourse (also on Jubilee), next to the Safeway lot. It's an optimal high-traffic, high-visibility location in a buzzing Rapid Valley business sector. Seller has spent a half a million dollars on different studies, surveys, etc. in the past for a 540-unit, high-end apartment complex under the name of Quail Ridge. There was a TIF application that was accepted at the city level– and, per the facts of the matter, there were communications about a TIF with the county. City water & sewer on sites. Multiple access points mean plenty of layout options. The corner of the lot on the southeast side of the junction of Concourse and Elk Vale would make a great gas station lot. Thriving commercial opportunity, buzzing with opportunity of what could be! Listed at 5.61/SF. Seller is willing to come alongside a qualified buyer with good capital as a partner or as the banker holding a contract for deed. Come take a look!