Back to Listings TBD Old Folsom Road

Development Opportunity

$410,000

Land 13.32 Acres

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Property Information

Listing #75010

List Price $410,000

Zoning Agricultural

Land SF 580,219

Land $/SF $1

County Pennington

Acres 13.32

$/Acre $28,153

Property Overview

This property directly borders the new Black Hills Industrial Center where development is already underway. Do not miss your chance to invest this major expansion in Rapid City. Ready for development, with great truck access. Possibility for additional acreage to the south (14.83 Acres). The Black Hills Industrial Center will be the first of its kind in western South Dakota. Located along the Heartland Express south of Catron Boulevard, the Black Hills Industrial Center will be home to companies in the technology and value-added agriculture industries and will provide more than 2,000 professional, high-paying jobs.

Highlights

  • Borders new Black Hills Industrial Center, Minutes from Hwy 79
  • Ready for development, great truck access
  • Currently zoned LDR, future zoning – Heavy Industrial
  • Possibility for additional acreage to the south (14.83 Acres)

Listing Agents

Chris Long

Chris Long

Commercial Broker

(605) 939-4489

Chris began his career in Denver, CO as a research associate for The Meyers Group. During his time in this position, he led the new development research group and published monthly reports on sales trends and absorption rates in the local market.In 2003 he joined UDR, Inc., a national real estate investment trust focused on the multifamily sector. During his tenure with UDR, he held positions of financial analyst, operational strategist and 4 years as Director of Pricing and Revenue Management. Chris led a team in a nationwide rollout of yield management software for over 230 properties which led to industry wide adoption and industry leading revenue growth.After moving to South Dakota in 2010, Chris joined Sandra Runde and formed the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 12 years, the KW Commercial team has led the market in both commercial sales and commercial leasing volume. In the last 3 years his team has sold and leased nearly $200 Million in real estate placing them #1 in the North Central Region and ranked in the top 10 for KW Commercial nationwide.

Dan Logan

Dan Logan

Broker Associate

(605) 593-7980

Having grown up in the Black Hills, moving back was an easy choice for Dan after finishing his contract with the Army. During those years he served as a combat medic and was stationed in Germany and Colorado working primarily alongside infantry and military police units.Upon returning to Rapid City, he enrolled with Black Hills State University and recently graduated with a degree in Business Management. During this time, he also obtained his Real Estate License and began work with the Rapid City Commercial Team. He is eager to assist business owners and investors navigate their commercial real estate decisions and create win-win deals for both parties in a transaction.

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