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Acreage Homes for Sale in Rapid City, SD

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Welcome to your dedicated resource for acreage homes for sale in Rapid City, SD. This page is your live portal for listings that match the exact homes for sale you demand, filtering out irrelevant properties to save you time. As local Rapid City, SD agents, Pioneer Properties SD, Adam Johnson RE specializes in the unique market dynamics of this area, offering insights into amenities, home values, and investment potential. Start exploring the acreage properties currently available below, or contact a local agent to discuss the details that matters most to your search.

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All Acreage Homes for Sale in Rapid City, SD

$399,900
176401 MLS
Listed by Ashley Handcock, REMAX Advantage 605.393.5867. Discover the perfect blend of space, scenery, and convenience with this 2.42-acre residential lot on Villaggio Lane in southwest Rapid City, SD. Tucked near the end of the street, this pine-covered homesite offers a peaceful setting with rolling terrain and scenic Black Hills views, ideal for designing the custom home you've always envisioned. Located within Rapid City limits, this property combines the feel of a private retreat with quick access to everyday essentials. Enjoy close proximity to Monument Health, major employers, shopping, dining, and all that the southwest side of Rapid City has to offer. The lot is zoned low-density residential, accessed by a concrete road, and surrounded by impressive neighboring properties that enhance the area's upscale appeal. With no required builder, this acreage provides flexibility to create a home that fits your lifestyle-whether that's a modern Black Hills retreat or a timeless custom residence. Rare opportunities like this don't come often: acreage, views, and city convenience all in one location. Bring your builder, walk the property, and start planning your future in the Black Hills today.

5574 Villaggio Ln, 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
$1
86563 MLS
Located just off Highway 44 near Western Dakota Tech, this 13,568 SF industrial warehouse offers excellent access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. Previously used by US Foods and most recently for wine production, the property is equipped with infrastructure to support large refrigeration bays. The building includes 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers, one 9'x10'—and an 8'x10' drive-in overhead door, as well as 3,168 SF of finished office space featuring a conference room, break area, lab, locker room, and open work area. Sitting on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel which opens the door to being a great manufacturing facility. Available at $9.00/SF/YR NNN.

940 Kennel Dr, Rapid City
$1,575,000
86562 MLS
Located just off Highway 44 near Western Dakota Tech, this 13,568 SF industrial warehouse offers excellent access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. Previously used by US Foods and most recently for wine production, the property is equipped with infrastructure to support large refrigeration bays. The building includes 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers, one 9'x10'—and an 8'x10' drive-in overhead door, as well as 3,168 SF of finished office space featuring a conference room, break area, lab, locker room, and open work area. Sitting on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel which opens the door to being a great manufacturing facility. The property is also available for lease at $9.00/SF NNN.

940 Kennel Dr, Rapid City
$514,900
3 Beds ⋅ 3 Baths ⋅ 86545 MLS
Listed by Daneen Jacquot Kulmala 605-484-7832. Beautiful 3 bedroom 2 bath home in the Pines and Aspens. Bordering forest service right out your back door You are walking distance to the trails also! All new interior paint. Solar powered skylights. Large deck with gorgeous views. Honeywell lights/dimmers -turn on for main light turn off and back on for dimmer. Dishwasher about 2 years ago. New microwave about 1 year ago. Roof with asphalt shingles 3 years ago. Electric water heater about 3 years old. Lot is covered in pines and and aspens. Located less than a hour from Rapid City. Call today for your private showing!

23141 Pactola 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
$75,000
176230 MLS
Spectacular views of the hills with this full one are lot sitting in Bridle Ridge Estates. Out of town living while still being just minutes from dining, shopping, and medical! Bring your own builder or enquire about building quotes. Gas, electricity, and water are already ran to the lot.

24019 Pommel Loop, Rapid City
$252,500
176194 MLS
Excellent opportunity for businesses and investors in prime location! Light industrial lots with flexible zoning to accommodate shops, warehouses, and business operations. Conveniently located within a few minutes of I-90 directly off Dyess Ave with strong growth potential in the surrounding area. All utilities to the lot. Multiple lots available. Bring your own builder & plans or contact us and our team of professionals can build your future here. Listed by Houston Boomsma, The Real Estate Group, 605-877-0477

TBD Other Tbd Boom Blvd, Rapid City
$260,900
176193 MLS
Excellent opportunity for businesses and investors in a prime location! Light industrial lots with flexible zoning to accommodate shops, warehouses, and business operations. Conveniently located within a few minutes of I-90 directly off Dyess Ave with strong growth potential in the surrounding area. All utilities to the lot. Multiple lots available. Bring your own builder & plans or contact us and our team of professionals can build your future here. Listed by Houston Boomsma, The Real Estate Group, 605-877-0477

TBD Other Tbd Boom Blvd, Rapid City
$616,400
176192 MLS
Excellent opportunity for businesses and investors in a prime location! Light industrial lots with flexible zoning to accommodate shops, warehouses, and business operations. Conveniently located within a few minutes of I-90 directly off Dyess Ave with strong growth potential in the surrounding area. All utilities to the lot. Multiple lots available. Bring your own builder & plans or contact us and our team of professionals can build your future here. Listed by Houston Boomsma, The Real Estate Group, 605-877-0477

TBD Other Tbd Boom Blvd, Rapid City
$614,800
176191 MLS
Excellent opportunity for businesses and investors in a prime location. Light industrial lots with flexible zoning to accommodate shops, warehouses, and business operations. Conveniently located within a few minutes of I-90 directly off Dyess Ave with strong growth potential in the surrounding area. All utilities to the lot. Multiple lots available. Bring your own builder & plans or contact us and our team of professionals can build your future here. Listed by Houston Boomsma, The Real Estate Group, 605-877-0477

TBD Other Tbd Boom Blvd, Rapid City
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