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$ 4,400,000
Est. payment | /mo
18.25 Acres Lot
$ 4,400,000
Est. payment | /mo
18.25 Acres Lot
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 181720
Lot Size 18.250 Acres
Property Sub-Type Other
Property Description
LOCATION! LOCATION! LOCATION! 2 prime development lots being sold as one unit. Perfectly situated just off of Hwy 44, at the corner of Elk Vale & Jubilee and Jolly & Twilight, next to the Safeway lot. It's an optimal high-traffic, high-visibility location in a buzzing Rapid Valley business sector. Seller has spent nearly 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. Multiple access points mean plenty of layout options. Thriving commercial opportunity, buzzing with opportunity of what could be! 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! Property closing will need to be contingent on Platting and approval of TIF to get utilities on site.
Location
State SD
County Pennington
Area Rapid Valley
Listed by Lewis Realty
NEARBY SCHOOL & PROPERTIES
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