Lot 1 Blk 1 Elk Vale Rd

Lot 1 Blk 1 Elk Vale Rd Rapid City, SD 57701

Lot 1 Blk 1 Elk Vale Rd, Rapid City, SD, 57701
Lot 1 Blk 1 Elk Vale Rd, Rapid City, SD, 57701
FOR SALE
Property Type:
Commercial Land Development
Amount:
$995,000
Last Verified:
Dec 10, 2020


Description

General Commercial lot for sale along Elk Vale! Flat and grade ready lot on the NW corner of Elk Vale and E Minnesota. Four-way stoplight is in place and this corner lot has three frontage sides (Elk Vale, E Minnesota and Marlin)! Great launch point to Elk Vale, Highway 44 and Highway 79! City water, city sewer, MDU gas and Black Hills Energy electric services ALL to the lot line for your convenience. Great market plus apartments and single-family residential homes to the East as well as the Elks Golf Course! This general commercial corner lot is perfect if you need good visibility and great access via a paved road. See associated documents for uses allowed.

WestWind Subdivision ( Big Sky Business Park) next to apartment complex, Rapid Valley Elementary and Middle School to the SouthEast.

Lot Size: 3.89 acres

Map of Lot 1 Blk 1 Elk Vale Rd, Rapid City, SD, 57701

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.