Residential Land for Sale in Rapid City, South Dakota

RARE 1.5-ACRE DEVELOPMENT OPPORTUNITY IN RAPID CITY -

Don't miss this unique opportunity to own 1.5 acres within Rapid City city limits in a growing, desirable development just 1 mile north of Lowe's and minutes from Rushmore Mall, shopping, dining, schools, and medical services.

This versatile property offers exceptional development potential with multifamily zoning and prior city approval for a 10-unit apartment complex. Whether you're a developer, investor, builder, or homeowner looking for space and flexibility, this property provides options that are increasingly difficult to find in Rapid City.

Property Features:

• 1.5 acres (65,340 sq ft)
• Zoned for multifamily development
• Previously approved by the city for a 10-unit apartment complex
• Single-family home permitted o Manufactured homes allowed with permanent foundation
• Potential to subdivide (buyer to verify with city)
• Utilities at the lot line o Located within Rapid City city limits
• Situated in a newer, growing development
• Access to a beautiful stocked fishing pond
• Safe neighborhood with easy access to major shopping, restaurants, and services

Development opportunities with this combination of size, zoning flexibility, location, and utility access are rare. Development information and prior approval details available upon request.

Owner financing a possibility with large down payment.