Quick Rapid City SD MLS Search

Browse All Rapid City SD Above $1M Properties for Sale

$1,699,999
4 Beds ⋅ 178829 MLS
Listed by Nichole Biegler EXP Realty llc 605-484-5869 Enjoy Rapid Creek frontage and direct access to Black Hills National Forest Service lands with a private bridge just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy fireplaces, 4 spacious bedrooms & 3.5 baths + a den/office & so much more! Enjoy the tranquility of nature & experience the ultimate convenience to recreational activities directly from your doorstep. A wonderful combination of comfort and adventure. Endless possibilities for you & your family or have as an established turn key investment property in the Black Hills !

11758 W Hwy 44, Rapid City
$1,699,999
4 Beds ⋅ 4 Baths ⋅ 88510 MLS
Listed by Nichole Biegler EXP Realty llc 605-484-5869 Enjoy Rapid Creek frontage with a private bridge and direct access to Black Hills National Forest Service lands just 10+ minutes outside of Rapid City - This is True Black Hills Living ! An unparalleled prime offering of 4.10 serene acres with 2 parcels. The remarkable residential retreat is entertaining & spacious with approximately 3,612 sq ft of living areas with expansive window views, vaulted wood ceilings, 4 cozy fireplaces, 4 spacious bedrooms & 3.5 baths + a den/office & so much more! Enjoy the tranquility of nature & experience the ultimate convenience to recreational activities directly from your doorstep. A wonderful combination of comfort and adventure. Endless possibilities for you & your family or have as an established turn key investment property in the Black Hills !

11758 Highway 44, Rapid City
$1,395,000
178781 MLS
Excellent location for this 4 suite office building just off Jackson Blvd. This building is a single building in a larger condominium project. The lower and upper floors of this building each have two suites. The lower level has one vacancy which has recently occurred and the upper level has one suite which has been occupied by the owner. The ownership of this building includes an undivided 21% interest in the common area of the condominium project. The total acreage for the entire condominium project is 2.182 acres. Great investment opportunity and opportunity for an owner to occupy one of the vacant suites.

2201/2204 Jackson Blvd, Rapid City
$1,399,900
178649 MLS
Located within an SBA Opportunity Zone, this prime downtown Rapid City commercial opportunity in the heart of the fastest-growing market in the region. This multi-tenant property offers exceptional flexibility for investors, operators, and developers seeking a high-visibility location with average traffic counts of nearly 17,500 vehicles per day. The building supports a wide range of existing and future uses, including: Restaurant / Bar, Retail, Entertainment venue, Indoor/outdoor multimedia event center, Office, Residential & Storage. The iconic tower—long recognized as a local advertising beacon for over 100 years—remains undeveloped, offering a rare opportunity to add new leasable square footage or create a signature branding feature visible throughout downtown. Also available for purchase or lease is the existing operating business, which includes: Liquor license, Video lottery license, Restaurant/bar FF&E. This is a unique chance to acquire a versatile downtown asset with multiple income streams and significant upside potential. Call today to schedule a private tour and explore the full scope of this opportunity. Listed by Tony Marshall, CINC Realty, tony@cincrealty.com.

406 5th St, Rapid City
$2,812,887
178326 MLS
Excellent Commercial Property fronting East Mall Drive.

E Mall Dr, Rapid City
$1,582,535
178325 MLS
Excellent high exposure General Commercial with almost 300ft of depth and 728 ft of frontage on East Mall Drive. This lot has access available on East Mall Drive and on Taggert Rd. This area continues with increased development with two new industrial parks to the East along East Mall Drive. This ever expanding area is positioned well for future motel/retail and light industrial expansion in the next five years. Please consider the 12 acre parcel immediately west of this parcel which also has frontage on East Mall Drive with access points on Taggart Rd as well as Dakota Craft Drive on the West.

TBD E Mall Dr, Rapid City
$1,699,000
4 Beds ⋅ 3 Baths ⋅ 87972 MLS
CALLING ALL HORSE LOVERS & outdoor enthusiasts! You can ride your horses, ATV's or hike, right into the National Forest to nearby restaurants. The most perfect horse property that you could dream up! Oodles of upgrades! Log home on 10+ ac bordering USFS lands! Over $250,000 put into the rockwork that leads you to the covered front porch. Inside boasts a chef's delight kitchen w/tons of cabinets, high-end appliances & tiered center island. Separate pantry has laundry hook ups & more built-in cabinets. Dining area & great room have soaring vaulted ceiling, walls of windows & cozy gas fireplace. Main floor master suite w/fireplace has ensuite bath w/double vanity, shower, jetted jacuzzi tub & walk-in closet. Loft sports a 2nd family/game rm. Freshly painted lower level w/new light fixtures hosts 3rd large family rm & 3 ample bdrms (1 NC) w/new carpet, full bath & laundry/utility rm. 34x34 metal building holds hay & trailer storage attached to 36x36 building that houses 4 high-end horse stalls w/auto waterers & individual outdoor runs, hot/cold heated wash bay & heated tack room w/sink. A 12x24 run-in shed connects this & additional 30x38 metal building that offers shop space or maybe more horse stalls. Ride directly on USFS lands plus train in the 100x200 RIDING ARENA!! Two pasture areas w/steel &/or split rail fencing. 2-car log-sided heated garage, new lights & loft w/cedar closet. Perfect combination of log home in the woods & dreamy horse property you have been looking for!

10255 Echo Valley Ct., Rapid City
$1,625,000
6 Beds ⋅ 5 Baths ⋅ 87845 MLS
Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Welcome to 13365 Silver Mountain Rd! You won’t want to miss this stunning custom-built cabin-style home nestled on 3.66 acres in the heart of the Black Hills. Offering over 4,000 sq ft of living space, this impressive 3-story home features 6 bedrooms, 4 full bathrooms, an attached garage, and a detached garage with additional living quarters—perfect for guests, rental potential, or multi-generational living. Inside, you’ll find beautiful wood floors, soaring ceilings, and multiple wood-burning fireplaces that create a warm and inviting mountain retreat feel. The spacious kitchen is designed for both function and style with granite countertops and ample cabinet space. The primary suite is conveniently located on the main level, and the home also offers the rare convenience of laundry on both the main and upper floors. Enjoy the outdoors with multiple decks that provide incredible views and a peaceful setting surrounded by mature trees and natural landscape. The wooded lot offers privacy while still providing easy access to all the amenities of the Black Hills. This one-of-a-kind property combines space, character, and location—ideal as a full-time residence, vacation home, or investment opportunity. Many hiking and biking trails off Coon Hollow! Schedule your showing today!

13365 Silver Mountain Rd, Rapid City
$1,625,000
6 Beds ⋅ 178017 MLS
Listed by TJ Wojtanowicz at Black Hills Realty 605-863-1920. Welcome to 13365 Silver Mountain Rd! You won’t want to miss this stunning custom-built cabin-style home nestled on 3.66 acres in the heart of the Black Hills. Offering over 4,000 sq ft of living space, this impressive 3-story home features 6 bedrooms, 4 full bathrooms, an attached garage, and a detached garage with additional living quarters—perfect for guests, rental potential, or multi-generational living. Inside, you’ll find beautiful wood floors, soaring ceilings, and multiple wood-burning fireplaces that create a warm and inviting mountain retreat feel. The spacious kitchen is designed for both function and style with granite countertops and ample cabinet space. The primary suite is conveniently located on the main level, and the home also offers the rare convenience of laundry on both the main and upper floors. Enjoy the outdoors with multiple decks that provide incredible views and a peaceful setting surrounded by mature trees and natural landscape. The wooded lot offers privacy while still providing easy access to all the amenities of the Black Hills. This one-of-a-kind property combines space, character, and location—ideal as a full-time residence, vacation home, or investment opportunity. Many hiking and biking trails off Coon Hollow! Schedule your showing today!

13365 Silver Mountain Road, Rapid City
$1,875,885
87782 MLS
Commercial development land located along E Mall Drive just north of I-90 at Exit 59 (LaCrosse Street). The 7.23-acre site sits adjacent to the Hilton Garden Inn and within minutes of Rushmore Crossing, Fleet Farm, and the Uptown Rapid retail center. Zoned General Commercial, the property benefits from infrastructure already extended to the site including water, sewer, electric, and gas from prior development planning. The parcel supports a range of potential uses including hospitality, restaurant, retail, or service-oriented commercial development. Mall Drive connects directly to Lacrosse Street and provides convenient access to major commercial corridors including Haines Avenue and Elk Vale Road, positioning the site within one of Rapid City’s most active retail and hospitality areas. For more information or to schedule a showing, contact Chris Long at 605-335-8100 or Tom Rau at 605-390-2725.

621 E Mall Drive, Rapid City
$1,875,885
177947 MLS
Commercial development land located along E Mall Drive just north of I-90 at Exit 59 (LaCrosse Street). The 7.23-acre site sits adjacent to the Hilton Garden Inn and within minutes of Rushmore Crossing, Fleet Farm, and the Uptown Rapid retail center. Zoned General Commercial, the property benefits from infrastructure already extended to the site including water, sewer, electric, and gas from prior development planning. The parcel supports a range of potential uses including hospitality, restaurant, retail, or service-oriented commercial development. Mall Drive connects directly to Lacrosse Street and provides convenient access to major commercial corridors including Haines Avenue and Elk Vale Road, positioning the site within one of Rapid City’s most active retail and hospitality areas. For more information or to schedule a showing, contact Chris Long at 605-335-8100 or Tom Rau at 605-390-2725.

621 E Mall Dr, Rapid City
$1,300,000
87761 MLS
Listed with Travis Haan -- Black Hills Realty -- 605-415-2344 Prime 10.6-acre commercial opportunity located just off U.S. Highway 16south of Rapid City. Positioned in one of the fastest-growing corridors in the Black Hills region, this property offers outstanding visibility and convenient highway access, making it ideal for a wide range of commercial or mixed-use development. Surrounded by expanding residential and commercial growth and increasing traffic along the Highway 16 corridor, this site provides exceptional potential for businesses looking to capture both local and tourist traffic heading toward the Black Hills. The generous 10.6-acre footprint offers flexibility for retail, hospitality, service-based businesses, or multi-tenant commercial development. Whether you’re looking to develop now or secure land in a rapidly expanding area, this property represents a rare investment opportunity in the thriving Rapid City market. Highlights: 10.6 acres of commercial land Excellent access from U.S. Highway 16 Located south of Rapid City in a high-growth area. Strong traffic counts and visibility potential ideal for retail, hospitality, or commercial development.

1 TBD Sammis Tr, Rapid City
$1,300,000
177925 MLS
Listed with Travis Haan -- Black Hills Realty -- 605-415-2344 Prime 10.6-acre commercial opportunity located just off U.S. Highway 16 south of Rapid City. Positioned in one of the fastest-growing corridors in the Black Hills region, this property offers outstanding visibility and convenient highway access, making it ideal for a wide range of commercial or mixed-use development. Surrounded by expanding residential and commercial growth and increasing traffic along the Highway 16 corridor, this site provides exceptional potential for businesses looking to capture both local and tourist traffic heading toward the Black Hills. The generous 10.6-acre footprint offers flexibility for retail, hospitality, service-based businesses, or multi-tenant commercial development. Whether you’re looking to develop now or secure land in a rapidly expanding area, this property represents a rare investment opportunity in the thriving Rapid City market. Highlights: 10.6 acres of commercial land Excellent access from U.S. Highway 16 Located south of Rapid City in a high-growth area Strong traffic counts and visibility potential Ideal for retail, hospitality, or commercial development

1 TBD Sammis Tr, Rapid City
$1,750,000
3 Beds ⋅ 177837 MLS
Listed by Ryan M. Hall | Premier Properties LLC | 605-209-5215. Situated within city limits bordering the county on 9.75+/- acres, this private one-level home offers exceptional privacy and convenience with three separate fenced yards and a secure electric gate. Updated and meticulously maintained, the home features an open-concept layout with a main floor living room, a two-way gas fireplace and large skylights. Enjoy maintenance-free Trex decks on both the south and north sides, plus a third deck off the master suite. The master suite is unparalleled, with a large walk-in closet and a luxurious bathroom complete with three sinks and a separate water closet. Attached to the house is a huge 38x34 ft garage with dual 12x10ft doors. Detached from the house a 4,800 SF shop featuring 14 ft sidewalls, four 12x10ft overhead doors, and a 12x12ft sliding door—perfect for a workshop, storage for recreation vehicles or heavy equipment. Enjoy the evening glow of city lights to the north and the serene beauty of rolling hills to the South during the day.

851 Catron Blvd, Rapid City
$2,340,000
177795 MLS
This 15.34-acre development opportunity is ideally located just south of Rushmore Crossing and I-90, within the heart of Rapid City’s primary retail corridor. The property features over 1,650 feet of frontage along E Anamosa St, positioned between Lacrosse St and E North St. E Anamosa St continues to expand as an important east–west corridor in Rapid City. Planned connections to Elk Vale Rd are expected to further improve access and support long-term development potential in the area. The property is currently zoned Light Industrial, providing flexible development options for a wide range of commercial or mixed-use concepts. The site is divided by Anamosa St, with approximately 6.81 acres on the north side and 8.53 acres on the south side, creating opportunities for multiple complementary uses within a single development plan. Surrounding retail and multifamily projects currently under construction demonstrate the strong growth in the area and suggest that future rezoning would likely receive favorable consideration. For additional information, contact Chris Long, SIOR, CCIM at 605-335-8100.

E Anamosa, Rapid City
$2,340,000
87680 MLS
This 15.34-acre development opportunity is ideally located just south of Rushmore Crossing and I-90, within the heart of Rapid City’s primary retail corridor. The property features over 1,650 feet of frontage along E Anamosa St, positioned between Lacrosse St and E North St. E Anamosa St continues to expand as an important east–west corridor in Rapid City. Planned connections to Elk Vale Rd are expected to further improve access and support long-term development potential in the area. The property is currently zoned Light Industrial, providing flexible development options for a wide range of commercial or mixed-use concepts. The site is divided by Anamosa St, with approximately 6.81 acres on the north side and 8.53 acres on the south side, creating opportunities for multiple complementary uses within a single development plan. Surrounding retail and multifamily projects currently under construction demonstrate the strong growth in the area and suggest that future rezoning would likely receive favorable consideration. For additional information, contact Chris Long, SIOR, CCIM at 605-335-8100.

E Anamosa Street, Rapid City
$1,888,000
5 Beds ⋅ 4 Baths ⋅ 87640 MLS
Listed with TJ Wojtanowicz at Black Hills Realty, 605-863-1920. Welcome to Stoney Creek Reserve, Rapid City’s newest westside development with big views of the Northern Hills, Needles, and Southern Hills. Construction will begin soon—call today to reserve your lot and floor plan. Exclusively built by New House Builds LLC, this ranch-style home is scheduled to start in April 2026, with completion anticipated by November 2026. The plan features 5 bedrooms, 3 bathrooms, a 3-car garage, and over 5600 finished square feet. Construction includes full landscaping with an allowance. Similar builds by this trusted builder are available for review upon request. Buyers must sign off on covenants. Floor plans available upon request. DO NOT ACCESS development without permission. This is an active construction site

Lot 15 Overview Lane, Rapid City
$1,888,000
5 Beds ⋅ 177735 MLS
Listed with TJ Wojtanowicz at Black Hills Realty, 605-863-1920. Welcome to Stoney Creek Reserve, Rapid City’s newest westside development with big views of the Northern Hills, Needles, and Southern Hills. Construction will begin soon—call today to reserve your lot and floor plan. Exclusively built by New House Builds LLC, this ranch-style home is scheduled to start in April 2026, with completion anticipated by November 2026. The plan features 5 bedrooms, 3 bathrooms, a 3-car garage, and over 5600 finished square feet. Construction includes full landscaping with an allowance. Similar builds by this trusted builder are available for review upon request. Buyers must sign off on covenants. Floor plans available upon request. DO NOT ACCESS development without permission. This is an active construction site

Lot 15 Overview Ln Lot 15, Rapid City
$2,475,000
177720 MLS
Listed by Alan Smoot of Town & Country Real Estate 605-391-3321. This Heavy Industrial District property features 7 insulated and heated warehouse buildings, offering a total of 17,676 sq. ft. of warehouse space. The 7 buildings are situated on 3 contiguous parcels of land, totaling 16.66 acres, is known as 2130 Dyess Ave. and as 2858 Flack Lane. It is located in one of the busiest heavy industry corridors in Rapid City and the Black Hills Area, and is ideal for businesses looking for ample space, strategic positioning and proximity to I-90 and major highways.

2130 Dyess Ave 2858 Flack Lane, Rapid City
$9,060,000
87427 MLS
Rapid City is a core regional market serving the Black Hills and a multi-state trade area spanning western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana—supporting durable tenant demand and long-term cash flow. The property is located on Haines Avenue just south of Interstate 90, with traffic counts exceeding 35,000 vehicles per day. This highly visible site offers excellent access and consistent customer flow. Haines Avenue is a primary north–south arterial connecting I-90 to downtown Rapid City and the city’s main medical corridor. Recent capital improvements (2024–2025) include an extensive interior remodel (including multiple office/warehouse spaces on the 27,342sf, 2nd-floor mezzanine), parking lot refinishing and restriping, new LED lighting, and exterior paint. Planet Fitness invested over $2.5 million in its approximately 30,000-square-foot space, reinforcing its long-term commitment. In January 2026, the tenants executed new 12-year NNN leases with multiple 5-year renewal options, providing stable, predictable income. The investment offers a 7.59% Year One cap rate on base rent, with tenant reimbursement of capital improvements over an amortized term. Listed by: Randy Olivier, RE/MAX Advantage | 605-430-6246

1845 Haines Avenue, Rapid City
$9,060,000
177466 MLS
NNN Investment Opportunity – Rapid City represents a core regional market for net-lease investment, serving as the commercial hub for the Black Hills and a multi-state trade area encompassing western South Dakota, northeastern Wyoming, and portions of Nebraska and Montana. This depth of regional draw supports long-term tenant performance and durable cash flow. The subject property is strategically positioned on Haines Avenue, immediately south of Interstate 90, benefiting from average daily traffic counts exceeding 35,000 vehicles. This prime location offers exceptional visibility, ease of access, and sustained customer traffic—key drivers of tenant sales and lease longevity. Haines Avenue is a major north–south arterial that directly connects I-90 to downtown Rapid City and the city’s primary medical corridor. In 2024 and 2025, the property underwent extensive capital improvements, including a full interior remodel (including the office space in the 27,342 sf 2nd-floor mezzanine), a complete parking lot refinish and restriping, new LED parking lot lighting, and fresh exterior paint. The Planet Fitness tenant alone invested more than $2.5 million into improvements within its approximately 30,000-square-foot space, further reinforcing its long-term commitment to the location. In January 2026, each tenant (see addendum for details) executed a new 12-year initial lease term with multiple 5-year renewal options, providing stable, predictable income under a true NNN structure. This NNN investment delivers a 7.59% Year One cap rate on base rent, with strong downside protection. Although the landlord advances capital improvement costs, the tenant reimburses these expenses over an amortized term, effectively mitigating long-term ownership exposure. Listed by: Randy Olivier RE/MAX Advantage 605-430-6246

1845 Haines Ave, Rapid City
$3,149,000
177291 MLS
Listed by Brian Gill, with CENTURY 21 ClearView Realty, (605) 641-3465. Introducing a versatile commercial investment opportunity with a very desirable location near all the medical facilities around Monument Health Hospital, known as the "Medical Mile". Exceptional functionality and great visibility off of Catron Boulevard just 1/2 mile from the Stumer Rd. Walmart. This attractive newer two year old property has a total of 17,400 sq. ft., with 10 units and runs 100% occupancy. Tenants are all high quality, well established businesses with long term leases and options to renew. Enjoy the passive income opportunity with the flexibility for either 100% multi-tenant occupancy, or partial rental income for an owner occupant. This location is poised to take advantage of the Catron Boulevard / 5th Street expansion that has been ongoing and will be ramping up in the near future. Each unit has both front and rear off street parking, with heated concrete zero entry front entrances, 14 ft. ceilings and a 12 ft. overhead door with an additional entrance in back. This is NOT a metal warehouse building. This is a high quality Business Park constructed conventionally with 2x8 walls and is extremely well insulated and energy efficient. It has 15 Security Cameras throughout the exterior of the property. Six out of the 10 tenants are medical related businesses with their own security system in place. Gas and electric services are metered separately, and water is divided among all the tenants at $40 monthly. Landscaped areas have a time saving drip system in place for convenience and ease of maintenance.

5626 Fargo Ln, Rapid City
$1,065,000
4 Beds ⋅ 4 Baths ⋅ 86930 MLS
Listed by Jeremy Kahler, KWBH, 605-381-7500. Tucked on 4 tree covered acres in the Black Hills, this impressive timber lodge welcomes you with a warmth and character that instantly feels like home. *Picture family and friends in the great room, relaxing around the gas fireplace, enjoying views of the tree-covered hillside behind *Prepare meals in the kitchen with custom cabinetry, granite countertops and stainless steel appliances *Unwind in the main level bedroom suite, with its' own gas fireplace, walk-in closet, a four-piece ensuite bathroom and private access to the deck—perfect for enjoying a quiet cup of coffee *Up a custom staircase you'll find two bedrooms (each with walk-in closets) and a versatile loft space that’s perfect for a reading nook or home office space *The walkout basement expands the living space with a large family room and wet bar—great for movie nights or entertaining *The home's fourth bedroom, another full bathroom and mechanical room complete this level *Whether you’re hosting friends or enjoying a peaceful sunset, the wrap around deck invites you to enjoy the private setting from every angle *Soaring pine trees and gently rolling hillsides bring plenty of wildlife- deer, turkey, birds and more *With combined garage space for 5 vehicles, there's plenty of room for vehicles, toys, hobby/workspace and storage. If you're looking for a place to slow down, spread out, and truly enjoy life in the Hills- here's your chance. Call today for a private tour.

10901 Echo Ridge Drive, Rapid City
$5,800,000
86621 MLS
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!

TBD Elk Vale Road, Rapid City
$1,134,300
176391 MLS
Prime 2.17-Acre Commercial Lot — Ready for Development in Rapid Valley, SD Property Overview: Strategically positioned at a high-visibility, signalized 4-way intersection, this 2.17-acre general commercial lot is grade-ready and primed for your next retail, service, or mixed-use project. The property boasts 638 linear feet of combined frontage along S. Valley Drive and E. St. Patrick Street, ensuring exceptional access and exposure. All city utilities and services are available in the immediate area. Location Highlights: Located in Rapid Valley, one of the fastest-growing suburbs of Rapid City, this site benefits from strong regional growth fueled by major residential, commercial, and industrial development. The area’s momentum is anchored by Elk Vale Road (US Highway 16B/SD 44) — a key transportation corridor and development hub connecting Rapid City to regional and interstate routes. Market & Growth Drivers: • Booming Population: Rapid City’s population has surged by over 10,000 residents since 2020, including a 3.05% increase in 2024 — one of the strongest growth rates in decades. • Development Hotspot: The south and east Elk Vale corridor is experiencing unprecedented investment, with hundreds of new apartments, single-family homes, and commercial spaces underway. • Vibrant Surroundings: The immediate area around the property includes a new Starbucks, multiple apartment complexes, residential neighborhoods, and a mix of non-profit and for-profit businesses, creating a dynamic, high-traffic environment. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

Lot A S Valley Dr, Rapid City
$1,134,300
86609 MLS
Prime 2.17-Acre Commercial Lot, ready for Development in Rapid Valley, SD Strategically positioned at a high-visibility, signalized 4-way intersection, this 2.17-acre general commercial lot is grade-ready and primed for your next retail, service, or mixed-use project. The property boasts 638 linear feet of combined frontage along S. Valley Drive and E. St. Patrick Street, ensuring exceptional access and exposure. All city utilities and services are available in the immediate area. Located in Rapid Valley, one of the fastest-growing suburbs of Rapid City, this site benefits from strong regional growth fueled by major residential, commercial, and industrial development. The area’s momentum is anchored by Elk Vale Road (US Highway 16B/SD 44) — a key transportation corridor and development hub connecting Rapid City to regional and interstate routes. Booming Population: Rapid City’s population has surged by over 10,000 residents since 2020, including a 3.05% increase in 2024 — one of the strongest growth rates in decades. Development Hotspot: The south and east Elk Vale corridor is experiencing unprecedented investment, with hundreds of new apartments, single-family homes, and commercial spaces underway. Vibrant Surroundings: The immediate area around the property includes a new Starbucks, multiple apartment complexes, residential neighborhoods, and a mix of non-profit and for-profit businesses, creating a dynamic high-traffic environment. Listed by Randy Olivier, 605-430-6246.

Lot A S Valley Drive, Rapid City
$3,920,400
176262 MLS
Listed by Pat Hall | Premier Properties LLC | 605-484-5000. 12-Acre Commercial Building Site situated along the fastest-growing corridor in the Rapid City area! Located on Highway 16 South, between Catron Blvd and Moon Meadows, with approximately 414 feet of frontage. Positioned just north of the Forest Service building, this property offers excellent visibility and high traffic counts, making it an ideal location for your next development. Priced at $7.50 per square foot. Property is partially Broker owned.

7811 Mt Rushmore Rd 7811 Mt Rushmore Road, Rapid City
$1,315,000
6 Beds ⋅ 175829 MLS
Welcome to a truly one-of-a-kind Black Hills retreat, nearly surrounded by USFS land and offering three distinctive residences—each filled with charm, history, and opportunity. Whether your vision is a private homestead, multi-generational living, a creative sanctuary, or an income-generating property, this property combines flexibility and luxury in a setting that feels like home. The main log-sided home is a showcase of rustic elegance with soaring ceilings, exposed timbers, and a wrap-around deck framing expansive views. Inside, the custom propane fireplace, poured concrete countertops, and artisanal finishes highlight quality craftsmanship. The primary ensuite features a spa-like bath with a soaking tub and dual showers, while the custom log staircase leads to a spacious loft with its own bedroom and full bath—perfect for an office or cozy reading nook. The walk-out basement adds a complete mother-in-law suite with a full bath, second kitchen, huge pantry/storage room, and private fenced “yard” access. The original 1954 home carries vintage character and local history. Once said to be a gathering spot for returning veterans, it offers a 34x22 great room with solid oak floors and a custom entry door. Nestled above a spring-fed pond, it radiates charm and timeless appeal. The **third residence—a 1,200 sq ft studio—**has served as a vibrant creative hub. It includes 220V power, a bathroom with a hand-thrown sink and mosaic-tiled shower, an efficiency room with a kitchenette, ample storage, and rainwater tanks supporting the 30x20 greenhouse and gardens. An ideal space for a studio, workshop, or guest quarters—the possibilities are endless. From trail riding to fly fishing, hunting, or simply watching elk wander by, this property is a true gateway to adventure. Located just minutes from Rapid Creek, Pactola Lake, and Spearfish Canyon—yet a world apart. Don’t miss your chance to claim this rare sanctuary in the Black Hills!

22600 Jenny Gulch Rd 22600/22636 Jenny Gulch Rd, Rapid City
$1,200,000
6 Beds ⋅ 3 Baths ⋅ 84562 MLS
Listed by Holly Hultgren, KWBH, 605-545-1943. Loved by the same family for over 30 years, this incredible 17.15 acres of Black Hills beauty offers sprawling acreage, 360° views, a spacious home and space for your horses to roam! *Gently rolling hills, lush tree lines, natural rock formations and panoramic views are a few of the highlights this property has to offer *In addition to the amazing land, there is also a beautiful home, complete with 6 bedrooms, 3 bathrooms and a finished walkout basement *The main level is thoughtfully designed allowing for easy, one-level living *The comfortable living room has a fireplace for chilly winter nights, and corner windows that highlight the views *Nearby oversized kitchen with granite countertops, ample cabinet space, pantry closet and a unique lighted display storage *Main floor laundry enroute to the converted garage/shop space *Private main floor master suite with ensuite bathroom *2 additional bedrooms and 1 guest bathroom on the main level *Walkout basement level has a large family room, 3 good size bedrooms and 1 full bathroom *Outdoor entertaining is easy here- enjoy your morning cup of coffee on the raised wrap around back deck *Unobstructed views for miles give you the peace and privacy you're looking for *Bring your horses as well- this property is equipped with its own barn with 6 stalls (2 turn out), electricity, and separate corral and pasture space *Detached 3-car garage with gravel floor for added parking (cont.).

8320 Miracle Road, Rapid City
$1,450,000
172951 MLS
Solid 17 unit apartment complex in the heart of Rapid City with easy access to city center, shopping and public transportation. All brick construction making for ease of maintenance with recent updates including: New centralized boiler, 2021, Centralized water heater 2022 and some new windows. Property has low vacancy, on site laundry, decorative security fence, on site parking and is ready for it's new owner.

225 E Watertown, Rapid City
$1,185,000
83602 MLS
This 11,600 SF flex building offers a functional mix of office, warehouse, and large gathering space in a central Rapid City location near E St Patrick Street and E St Joseph Street. Situated on 0.80 acres across three parcels, the property is well suited for service-based businesses, light industrial users, nonprofits, trade schools, or organizations needing a combination of workspace, storage, and assembly area. The building includes more than 2,500 SF of warehouse space with a 10' x 12' overhead door, seven offices, a conference room, storage areas, men’s and women’s restrooms, and large gathering rooms on both the main and second levels. The two additional lots provide flexibility for future expansion, outdoor storage, or added parking. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.

1202 E St. Francis Street, Rapid City
$1,185,000
83601 MLS
This 11,600 SF flex building offers a functional mix of office, warehouse, and large gathering space in a central Rapid City location near E St Patrick Street and E St Joseph Street. Situated on 0.80 acres across three parcels, the property is well suited for service-based businesses, light industrial users, nonprofits, trade schools, or organizations needing a combination of workspace, storage, and assembly area. The building includes more than 2,500 SF of warehouse space with a 10' x 12' overhead door, seven offices, a conference room, storage areas, men’s and women’s restrooms, and large gathering rooms on both the main and second levels. The two additional lots provide flexibility for future expansion, outdoor storage, or added parking. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.

1202 E St. Francis Street, Rapid City
$1,185,000
172894 MLS
This 11,600 SF flex building offers a functional mix of office, warehouse, and large gathering space in a central Rapid City location near E St Patrick Street and E St Joseph Street. Situated on 0.80 acres across three parcels, the property is well suited for service-based businesses, light industrial users, nonprofits, trade schools, or organizations needing a combination of workspace, storage, and assembly area. The building includes more than 2,500 SF of warehouse space with a 10' x 12' overhead door, seven offices, a conference room, storage areas, men’s and women’s restrooms, and large gathering rooms on both the main and second levels. The two additional lots provide flexibility for future expansion, outdoor storage, or added parking. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.

1202 E St Francis 1214 & 1218 St Francis St, Rapid City
$1,185,000
172893 MLS
This 11,600 SF flex building offers a functional mix of office, warehouse, and large gathering space in a central Rapid City location near E St Patrick Street and E St Joseph Street. Situated on 0.80 acres across three parcels, the property is well suited for service-based businesses, light industrial users, nonprofits, trade schools, or organizations needing a combination of workspace, storage, and assembly area. The building includes more than 2,500 SF of warehouse space with a 10' x 12' overhead door, seven offices, a conference room, storage areas, men’s and women’s restrooms, and large gathering rooms on both the main and second levels. The two additional lots provide flexibility for future expansion, outdoor storage, or added parking. For additional information or to schedule a showing, contact Chris Long at 605-939-4489 or Dan Logan at 605-593-7980.

1202 E St Francis 1214 & 1218 St Francis St, Rapid City
$1,604,097
83384 MLS
Prime location in on East Mall Drive! This frontage property on East Mall Drive also has I-90 frontage on the south of the lot is between I-90 Exit 61 and 60 this area is rapidly developing with multiple retailers including Cabela's / Bass pro Shop, Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital being built on the corner of Dyess Ave and E Mall Dr, also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location. This lot will have one curb cut off E Mall Dr. access shared with the lot to the west.

2941 E Mall Drive, Rapid City
$1,604,097
172662 MLS
Prime location in on East Mall Drive! This frontage property on East Mall Drive also has I-90 frontage on the south of the lot is between I-90 Exit 61 and 60 this area is rapidly developing with multiple retailers including Cabela's / Bass pro Shop, Rapid Chevrolet, McKie Ford, Granite Nissan/GMC, Rapid Toyota and Rushmore Honda also Hotels and a new emergency room hospital being built on the corner of Dyess Ave and E Mall Dr, also EAFB is only 3 miles to the east with the new B-21 Rader coming in the near future!! If you have been considering locating to Rapid City or relocating/expanding your existing business within Rapid City don't overlook this excellent location. this lot will have one curb cut off E Mall Dr. access shared with the lot to the west.

2941 E Mall Dr, Rapid City
$1,200,000
82959 MLS
Highly visible lot located in the heart of the expanding retail corridor of Rapid City. Just west of the highly anticipated 120 acre Liberty Land amusement park and just north of I-90. This lot has frontage on the upper level directly adjacent to Uptown Rapid Shopping Center and significant frontage along Mall Drive on the lower elevation. All city utilities to the lot.

TBD N Mall Drive, Rapid City
$2,400,000
82958 MLS
Highly visible hard corner located in the heart of the expanding retail corridor of Rapid City. Just west of the highly anticipated 120 acre Liberty Land amusement park and just north of I-90. With 877 FT of frontage on N Lacrosse Street, 1,744 FT of frontage on E Mall Drive and the land being located at a lighted intersection, this is a fantastic investment opportunity for single user or mixed use development. As part of the newly developed entertainment district, there is also 3,000+ housing units planned just to the north of the property.

TBD N Lacrosse Street, Rapid City
$1,200,000
172105 MLS
Highly visible lot located in the heart of the expanding retail corridor of Rapid City. Just west of the highly anticipated 120 acre Liberty Land amusement park and just north of I-90. This lot has frontage on the upper level directly adjacent to Uptown Rapid Shopping Center and significant frontage along Mall Drive on the lower elevation. All city utilities to the lot.

TBD N Mall Dr, Rapid City
$2,400,000
172104 MLS
Highly visible hard corner located in the heart of the expanding retail corridor of Rapid City. Just west of the highly anticipated 120 acre Liberty Land amusement park and just north of I-90. With 877 FT of frontage on N Lacrosse Street, 1,744 FT of frontage on E Mall Drive and the land being located at a lighted intersection, this is a fantastic investment opportunity for single user or mixed use development. As part of the newly developed entertainment district, there is also 3,000+ housing units planned just to the north of the property.

TBD N Lacrosse, Rapid City
$1,100,000
5 Beds ⋅ 171738 MLS
Beautiful custom home on 1.57 acres of Black Hills Land! Offering over 3400 finished square feet this home's open floor plan is sure to impress with it's floor to ceiling windows allowing for ample natural light, and fantastic views of nature. Three main floor bedrooms, two remodeled baths, formal dining, well equipped kitchen with breakfast-bar and nook. The lower level has a huge family room, again with ample windows for natural light, fireplace, and wet-bar making a perfect place for entertaining family and friends. Two additional bedrooms and a third bath are also in located in lower level. The true highlight of this home is the amazing outdoor space! The centerpiece of this private outdoor oasis is the heated in-ground pool with cabana where many fun memories will surely be made! Come check out this unique offering before it's gone!

4811 Cliff Dr, Rapid City
$1,700,000
3 Beds ⋅ 3 Baths ⋅ 81475 MLS
A True Black Hills Home and Setting!! 11.42+-acres, borders National Forest,2522 sq.ft log home, top of the LINE SHOP, creek side setting and access to Highway 40! This is a true Black Hills gem. With serene Battle Creek flowing the full length of the parcel, this private retreat offers the perfect blend of natural beauty and modern luxury. The impressive 3-level log home boasts 3 bedrooms, 3 baths. & a spacious loft with bathroom that can easily handle extra guests as a sleeping area! 2,522 sq. ft. of finely crafted living space, designed to satisfy even the most discerning buyer. Warm wood interiors, quality finishes, and a thoughtful layout make this a truly special residence. Also included is a newly built, deluxe 2,080 sq. ft. shop, complete with: Partial comfortable living quarters--¾ bath and kitchenette, finished interior with 3 overhead doors, Heated epoxy over-concrete floors – perfect for your classic cars, motorcycles, or creative space. The shop is the ultimate “Man Cave” or hobby haven, offering both function and comfort in one exceptional space. Adding to the charm and history, the property features the original old-time livery stable, garage, barn, and a stunning stone fireplace/gazebo—all beautifully preserved to enhance the rustic elegance of this unique estate. Family owned for over 30 years! Immediate possession available. $1,700,000 MLS# 81475 This property is co-listed with Anne Fuchs @605-673-1177 & Carol Wood @ 605-440-0466 & Ron Bradeen 605-381-2629

13639 Highway 40, Rapid City
$1,470,000
81471 MLS
Zoned general commercial along the Catron (South) side and MDR along the Derby/Preakness (North) side, this 26.31 acre parcel is ready for your next mixed use project! City water and sewer lines are in place! Electric and natural gas available! There are currently paved roads stopping at the lot at the Derby and Preakness (North) entrances to the lot. 100'x120' fenced yard w power pole at Derby to lock up your vehicles/equipment! There is a paved approach as well along the Catron (South) entrance to the lot. The listing price reflects the current noted floodway area through the center of the lot! The seller wants it sold! As a note, the seller did some initial research with an engineering firm and indicated that the influenced area could be reduced significantly to as narrow as a 60' wide controlled zone! This would then allow for more useable acreage! We can certainly set up a time to tour as well as visit with the seller about the lot as he has a great working knowledge of it! One of the owners of the property is a licensed real estate agent in South Dakota.

Lot 26 E Catron Boulevard, Rapid City
$3,415,000
167660 MLS
Located along the recently reconstructed Dyess Ave just north of Interstate 90, this property presents an excellent opportunity for business expansion in Rapid City's fastest growing industrial corridor. The property consists of approximately 56 buildable acres with access from Dyess Ave and Seger Dr and offers convenient access to Exit 60 at E North St and Exit 61 at Elk Vale Rd. Property taxes currently reflect Ag status. Up to 130 acres available. See MLS #167657. Photo renderings are conceptual only and not to scale. Schedule your private tour today!

TBD Dyess Ave Additional Access From Seger Dr, Rapid City
$5,493,000
167657 MLS
Located along the recently reconstructed section of Dyess Ave just north of Interstate 90, this property presents an excellent opportunity for business expansion in Rapid City's fastest growing industrial corridor. The property consists of approximately 97 buildable acres with access from Dyess Ave and Seger Dr and offers convenient access to Exit 60 at E North St and Exit 61 at Elk Vale Rd. Surrounded by established and thriving businesses this is an ideal location for business park subdivision or larger facility on a competetively priced property. Property taxes currently reflect Ag status. Photo renderings are representative and not to scale. Seller will consider smaller parcels based on site plan needs. Schedule your private tour today!

TBD Dyess Ave Additional Access From Seger Dr, Rapid City
$2,653,000
167659 MLS
Located along the recently reconstructed Dyess Ave just north of Interstate 90, this property presents an excellent opportunity for business expansion in Rapid City's fastest growing industrial corridor. The property consists of approximately 42 buildable acres with access from Dyess Ave and Seger Dr and offers convenient access to Exit 60 at E North St and Exit 61 at Elk Vale Rd. Property taxes currently reflect Ag status. Up to 130 acres available. See MLS #167657. Photo renderings are conceptual only and not to scale. Schedule your private tour today!

TBD Dyess Ave Additional Access From Seger Dr, Rapid City
$3,279,000
167922 MLS
18.14 acres zoned General Commercial with easy access to Interstate 90. This is an amazing investment opportunity in a prime location with great visibility, high density traffic and 850' of frontage along Highway 16 bypass (Elk Vale Rd). Another bonus is the property sits just South of a major intersection (Elk Vale Rd & Cheyenne Blvd.) for even more visibility with an easy entrance and exit. Downtown Rapid City is only 3 miles West and Ellsworth Air Force Base in Box Elder is just 3 miles East. The area is seeing significant Commercial and Residential growth and expansion in this area with the new B-21 Raider anticipated to arrive at Ellsworth Air Force Base in 2027.

1046 Endeavour Blvd, Rapid City
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