Unlock the potential of this prime property, ideally situated in the coveted Black Hills of South Dakota area. Zoned for Medium Density Residential use, the property offers a rare opportunity for multifamily investors seeking to capitalize on the region's thriving market. Its strategic location provides easy access to urban conveniences, while still offering a tranquil residential environment. With the potential to develop multifamily dwellings, this property presents a compelling investment prospect in a sought-after location. Embrace the opportunity to shape the landscape of this vibrant community by leveraging the property's ideal zoning and prime setting in the Black Hills region.
Property Details
Property Features
Listing Office:
Office Name: eXp Realty
Office Phone: (605) 593-2763
Lot Features
Lot Information:
Lot: Interior Lot
Lot Size: 11.73 Acres
Other
Directions Information:
Directions: From I-90 take E North street exit. Head south turn east onto N Valley Dr.
Price Information
Listing Price Info
Price Summary:
List Price: $1,499,000
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Housing Market Comparison
See how this home compares to others in Rapid City, SD.
This property is $1.1M more than the Median Sold Price in Rapid City, SD.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #80525
Listing Office:
Office Name: eXp Realty
Office Phone: (605) 593-2763
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Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Valley View Elementary School
4840 Homestead St
Distance between this listing and this school1.64 miles
Public District Grades KG-5
4
/10
Rapid Valley Elementary School
2601 Covington St
Distance between this listing and this school1.75 miles
Public District Grades KG-5
3
/10
Robbinsdale Elementary School
424 E Indiana St
Distance between this listing and this school2.04 miles
Public District Grades KG-5
Nearby Schools
3
/10
South Middle School
2 Indiana St
Distance between this listing and this school2.39 miles
Public District Grades 6-8
3
/10
North Middle School
1501 N Maple Ave
Distance between this listing and this school2.61 miles
Public District Grades 6-8
5
/10
West Middle School
1003 Sioux San Dr
Distance between this listing and this school5.17 miles
Public District Grades 6-8
Nearby Schools
3
/10
Central High School
433 Mount Rushmore Rd
Distance between this listing and this school2.98 miles
Public District Grades 9-12
6
/10
Stevens High School
4215 Raider Rd
Distance between this listing and this school5.85 miles
Public District Grades 9-12
3
/10
Douglas High School
420 Patriot Dr
Distance between this listing and this school6.80 miles
The neighbors living near this home have an average income of $59,737. Residents of Rapid City, SD typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Rapid City, SD
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Rapid City, SD?
Rapid City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and budgets. The architectural styles in the area range from ranch-style homes to split-levels and contemporary designs. A significant portion of the housing stock was built during the late 20th century, reflecting a period of growth and development in the city.
What are the advantages of living in Rapid City, SD?
Rapid City is celebrated for its proximity to natural landmarks and a vibrant cultural scene. The community prides itself on outdoor activities available in the nearby Black Hills and annual events that showcase the area's rich history and community spirit, such as the Black Hills Powwow and the Central States Fair.
Are essential services in Rapid City, SD convenient?
The community benefits from a solid educational system, with a number of public and private schools serving the area, as well as higher education institutions like South Dakota School of Mines & Technology. Healthcare services are robust, with several hospitals and clinics providing comprehensive care. Retail and dining options reflect the local culture, offering a blend of national chains and unique local businesses.
How do Rapid City, SD residents get around?
Rapid City's transport infrastructure includes a network of major roads and highways, such as Interstate 90, facilitating travel and commuting. Public transportation services are available, providing residents with additional options for getting around the city. The area's walkability varies, with downtown Rapid City being more pedestrian-friendly. Ride-sharing services are operational in the city, complementing the existing transport options.
Frequently Asked Questions About 865 Valley Dr
What is the listing price of this property?
The listing price of 865 Valley Dr property is $1,499,000.
What type of property is this?
The property 865 Valley Dr is land located in Rapid City, South Dakota, 57701.
Is this property for sale now?
Active Listing: 865 Valley Dr is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 865 Valley Dr in Rapid City, SD and zip code 57701. This home sits on a 11.73 acre lot. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $1,499,000.
While more than 5 listings in Rapid City, SD in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 22 were sold below. The number of listings in Rapid City, SD increased by 18.4% between October 2024 and November 2024.
From Rocket Homes Real Estate and based on county public records data.
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