23.6 ACRES FOR SALE TBD Highway 16 & Promise Rd, Rapid City, SD 57701
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1 23.6 ACRES FOR SALE TBD Highway 16 & Promise Rd, Rapid City, SD Sale Price: $1,550,000 Highlights Acres Located at the southeast corner of Hwy 16 and Promise Road in growing commercial district near Hwy 16 and Catron Blvd ACRES Prime Hwy 16 frontage with 19,181 vehicles per day ideal for retail, office, hotels, and recreational/entertainment facilities Right-of-way is platted for future roadway running north and south through the property Access via proposed lighted intersection upon completion of road Zoned General Commercial City sewer to site, water main on west side of Hwy 16 Updated January 2018 Chris Long, CCIM Commercial Broker Michael J. P. Haeder, MAI Haeder & Associates
2 PROPERTY DETAILS Acres: Legal Description: 1 NORTH; 7 EAST; SEC 23; E1/2SW1/4SW1/4 LYING EAST ON HWY 16 LESSLOT H3; UNPLATTED BALANCE OF W1/2SE1/4SW1/4; UNPLATTED BALANCE OF SE1/4NW1/4SW1/4 LYING EAST OF HWY 16; UNPLATTED BALANCE OF SW1/4NE1/4SW1/4 TS: 1N RNG: 07E SEC: 23 Tax ID: Taxes (2017): $11,543 Special Assessment (2017): $ (Storm Water) To Rapid City (West) Copper Ridge Apartments Stonewalls Kitchen To Mount Rushmore/ To Rapid City (Downtown) & I-90 Pla ed Right-of-Way Maze ACRES Acres To Rapid City (East) & I-90 Rushmore Crossfit Traffic Count: 19,181 vehicles per day Zoning: General Commercial CATRON BLVD Corpora on Campus Rapid City Regional Development BYPASS Zoning General Commercial Office Commercial Public Park Forest General Agriculture Low Density Residential Medium Density Residential gis.rcgov.org
3 PROPERTY DETAILS View to north Water & Sewer Hwy 16 Land Acres Corporation Campus Rapid City Regional Development Courtesy of City of Rapid City
4 DEMOGRAPHICS 5 Miles 10 Miles 20 Miles 2017 Population 44,834 96, , Projected Growth Rate 1.41% 1.38% 1.42% 2017 Median Age Male Population 48.7% 49.7% 50.1% 2017 Female Population 51.3% 50.3% 49.9% 2017 Average Household Income $83,399 $70,387 $70, Average Household Size
5 DEMOGRAPHICS Rapid City, SD Welcome to South Dakota and Rapid City! The Mount Rushmore State of South Dakota has carved a solid reputation for business friendliness. It is consistently ranked in the top five states for setting up and conducting business. Small and big companies alike are discovering South Dakota s central location and progressive business climate. Rapid City is a gem of a city in the state. Located in the west, it is situated on I-90 with direct access to the and the surrounding energy fields and is the regional economic and medical hub for a 200 mile radius containing 630,000 people. Rapid City has a diverse economy of many thriving small businesses boosted by the area s major industries of tourism, healthcare, Ellsworth Air Force Base, and financial call centers. Spearfish Deadwood Lead National Forest Sturgis Rapid City Ellsworth Air Force Base Box Elder National Rankings #1 #2 #4 Rapid City Best Towns Outdoor Life, 2010 South Dakota Best State for Business CNBC, 2016 Rapid City Best Places to Launch a Business CNN Money, 2009 Rapid City Area Key Stats Total Work Force...65,250 Employed...62,900 Unemployed...2,350 Unemployment Rate...3.6% Right-to-work Law...Yes Employment by Sector: Retail Trade...8,400 Hill City Crazy Horse Monument Custer Keystone Mt. Rushmore Custer State Park Wind Cave National Park Hermosa Badlands National Park #6 #6 Rapid City Cities with the Lowest Unemployment Rate Forbes, 2017 Rapid City Best Small City for Business and Careers Forbes, 2013 Transportation, Warehousing & Utilities... 11,600 Professional & Business Services...5,100 Educational & Health Services...10,600 Leisure & Hospitality...7,800 Government...10,700 Hot Springs
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