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$710,000
177478 MLS
Lot B. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot B, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-B Eglin, Rapid City

$710,000
177477 MLS
Lot A. The northeast corridor of Rapid City, South Dakota, is rapidly evolving into one of the region’s most dynamic growth areas, making it an exceptional opportunity for commercial investment. Fueled by steady population growth and a strong tourism- and industry-driven economy, this corridor is seeing significant public and private investment, including major infrastructure upgrades to key routes such as East North Street, Eglin Street, and the North LaCrosse intersection. Located just South of Interstate 90 and West of the Elk Vale Rd, Lot A, to be legally described from the larger lot, is a flat, shovel-ready 1.63-acre commercial lot—whether positioned as General Commercial or Light Industrial—that presents exceptional development flexibility and strong upside potential. Each zoning path offers distinct advantages, allowing an owner or investor to align the site with either high-visibility, customer-driven uses or efficient, income-focused operations. The choice ultimately depends on whether the goal is maximum exposure and consumer traffic or long-term, stable operational returns. National franchise neighbors on both sides of Elk Vale include Taco John's, Subway, Papa John's, McDonald's, Arby’s, and Taco Bell. National brand hotels include Best Western Plus, Sleep Inn & Suites, and Baymont by Wyndham. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.

3610-A Eglin, 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. Tenants have executed new 12-year NNN leases with multiple 5-year renewal options, providing stable, predictable income. The investment offers a 7.50% Year One cap rate on base rent, with tenant reimbursement of capital improvements over an amortized term. Offered as part of a four-property portfolio. Additional details available in the Offering Memorandum. Listed by: Randy Olivier, RE/MAX Advantage | 605-430-6246

1845 Haines Avenue, Rapid City

$605,000
3 Beds 3 Baths 87389 MLS
Listed by Terssa Markworth RE/MAX IN THE HILLS 605-639-1078. Lovely home minutes from Pactola and Sheridan Lake Off 385. Built in 1972 at 800 sq feet and was expanded and upgraded in 2011. In 2011 approx. 1800 square feet was added then was replumbed, electrical updated, and new kitchen. Beautiful solid oak woodwork throughout the home. 2 primary suites each with own bathroom. These two suites both have large walk-in closets, with separate entrances to the hot tub. In 2022 the main bathroom was updated. The smaller Non-conforming bedroom on the main floor has a closet, but no windows, it has two doors for exits. This could be an office, reading nook, breakfast nook, craft room or guest room. Home sits on two lots with an extra 12x12 storage building. Roses and Flowers are stunning in summer! Sellers are adding a new front screen door soon.

12734 N Prairie Creek Road, Rapid City

$600,000
4 Beds 177243 MLS
Welcome to this beautifully maintained west side home offering nearly 3,200 square feet of finished living space on a rare 2.29 acre parcel. Step inside to discover numerous updates throughout, including luxury plank flooring, newer carpeting, updated solid core knotty alder interior doors and trim, fresh paint, and a maintenance-free exterior. Large windows throughout the home invite abundant natural light and showcase stunning views of the surrounding landscape. The main level features two spacious bedrooms, two bathrooms, a generously sized kitchen, formal dining room, laundry area, and a cozy family room complete with a fireplace. The lower level offers a large secondary living room, one additional bedroom, 1 NTC bedroom, a full bathroom, and a substantial storage area. Recent mechanical updates include a new A/C unit, furnace, and water heater, providing peace of mind and energy efficiency. One of the home’s standout features is its incredible outdoor space. A bonus private well supports the beautifully landscaped yard, which is partially fenced for privacy and relaxation. In addition to the main lot, the property includes almost two acres of adjoining land, offering extra privacy or the potential for future development. However, there's no need to rush to build, as the area serves as a natural corridor for local wildlife, bringing a sense of tranquility and connection to nature right in the heart of the city. This dream home is within walking distance of Canyon Lake Park, a scenic bike path with miles of trails, Meadowbrook Golf Course, Rapid Creek, and has convenient access to the Black Hills. Imagine unwinding with a warm beverage beside the natural fireplace during a peaceful South Dakota winter evening. The oversized attached two-car garage provides easy access from both the backyard and the interior of the home. Don’t miss out on this rare opportunity to own a spacious, updated, and private retreat in one of the most desirable locations in the area.

3209 Park Dr, Rapid City

$120,000
177224 MLS
What an opportunity! 1+ acre lot for your New Home. Convenient Rapid Valley location, with easy access to Rapid City, and BoxElder/Ellsworth. Affordably priced, with protective covenants in place, allowing New Construction, or New Modular/Manufactured (doublewide only) on permanent foundation. Hawthorne irrigation ditch crosses property with existing easement in place. (Ditch is no longer active, but easement will remain in place, with future use of ditch unknown at this time). There are many trees along ditch , which allow nice buffer to the south. Lot is platted (see attached), and we are working on identifying corner pins. Very nice homes in this area, and pride of ownership is obviously a priority. Don't let this one slip by. Tough to find this size lot, at a reasonable price, and this close to town. Rapid City water is located along Anderson Rd, and City Engineering stated that a "Tap" hookup to the existing line is acceptable. Contact L/A for details. WREA has power near, and with coordinate with Seller to extablish easement from overhead line to south, for overhead or underground service access to property. Utility hookups are responsibility of Buyers. Buyer/Buyers Agent to perform all due diligence to there satisfaction.

2920 Anderson Rd, Rapid City

$1,950,000
5 Beds 177162 MLS
This one-of-a-kind dream home offers the perfect blend of luxury, comfort, and wide-open spaces. Imagine waking up to stunning views of the Needles and Black Hills, then spending your days on your own private 20 acres. With top-of-the-line finishes and endless amenities, 23822 Ranch View Ct provides the high-end country living you've been searching for. Open Kitchen with Quartz countertops, Center Island, plenty of storage, large pantry, formal dining plus a breakfast nook. Perfect Living room with Gas Fireplace to enjoy the cold winter nights. Main floor primary suite with heated bathroom floors, jetted tub, custom tile shower, double vanity and walk in closet. Perfectly situated laundry/mud room with storage! Upper level is unmatched! 4 Bedrooms, 3 baths! Addtional primary suite with walk-in closet and private bath. 2 Bedrooms both with walk in closets that share a jack and jill bath. Best part, hidden Bonus room behind the book shelf! Unfinished basement that is set up for 6th/7th bedrooms, an additional bath, and large family room. 2nd laundry available in the lower level. Huge Shop perfect for all the toys, RV, etc. Pens for chickens, fenced for horses, fruit trees all over the property. One of a kind property!

23822 Ranch View Ct, Rapid City

$1
87161 MLS
Industrial warehouse for lease along E Highway 44 in Rapid City. The 12,080 SF building sits on 2.73 acres and offers strong visibility with traffic counts of 16,014 vehicles per day (2024 MPO count). The location provides direct access to Rapid City and surrounding communities, making it well suited for service, distribution, or contractor operations. The front portion of the building includes approximately 1,500 SF of office space with five private offices, lobby/reception area, conference room, break room, and three restrooms. Warehouse features include two dock-high loading doors, one 12’ x 14’ grade-level overhead door, and a clear stacking height of approximately 22 feet at the sidewalls with 26 feet at center. A large paved and fully fenced yard supports equipment storage, semi parking, and truck circulation. Zoned Light Industrial. Lease rate is $10.00/SF/YR + $1.47/SF/YR NNN. Tenant responsible for utilities and maintenance. For additional information or to schedule a showing, contact Chris Long, 605-335-8100 or Dan Logan, 605-593-7980.

2720 E Hwy 44, 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

$14,950,000
5 Beds 7 Baths 86696 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. Video Link: https://youtu.be/PGyoldHFYG4

13340 Other, Rapid City

$14,950,000
5 Beds 176488 MLS
Listed by Ryan Kelly with Oak & Key Realty, LLC (605) 391-3203. Nestled among the rugged beauty of western South Dakota, this one-of-a-kind recreational retreat offers the perfect blend of adventure, nature, and luxury. This sanctuary is completely surrounded by Black Hills National Forest with approximately 4,100 ft of Rapid Creek flowing through this expansive property with creek frontage on both sides. This land is a Certified Tree Farm and has agricultural status. This exceptional property features a great house/lodge 2,920 sq ft, a guest cabin 1,014 sq ft, and a large 2-car garage with office space 520 sq ft, a full bathroom, and loft storage area. The guest cabin has a cozy upstairs loft with a half bath, and a full bathroom, kitchen, living room and dining area on the main level. The custom-built great house/lodge offers its own unique blend of charm and style. This beautifully crafted residence has 4 bedrooms, 3 full bathrooms, 1 three-quarter bathroom, and a 1-car garage. Its warm timber interior and picture-perfect views set the tone for elevated rustic living, thoughtfully designed with both luxury and practicality in mind. Step inside to a breathtaking great room, showcasing soaring ceilings, a dramatic floor-to-ceiling stone fireplace, hickory hardwood flooring, and Pella windows framing magnificent creek views, immersing you in the surrounding landscape and abundant wildlife that roams the property. It’s a peaceful place to unwind after exploring the property’s bountiful fishing, hunting, hiking, and recreation opportunities. For added adventure, the lodge also includes an impressive 32-foot climbing wall, a rare amenity ideal for year-round enjoyment. The property has access from both Victoria Lake Road to Sheridan Lake Road and from Highway 44 West, providing convenience and flexibility. Video link: https://youtu.be/PGyoldHFYG4

13340 Victoria Lake Rd, 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

$399,900
86618 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 Lane, Rapid City

$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