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.
Lot/land
$1,499,000
865 Valley Dr, Rapid City, SD 57703
--beds
--baths
11.73Acres
Residential Multi
Built in ----
11.73 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 447 days
- on Zillow |
- 24 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 06:42am
Listed by:
Matthew Senftner,
eXp Realty
Source: Mount Rushmore Area AOR,MLS#: 80525

Travel times
Facts & features
Property
Features
- Waterfront features: None
Lot
- Size: 11.73 Acres
- Features: Interior Lot
- Topography: Level,Rolling
Details
- Zoning description: General Zoning: Commercial,Multi-Family,Residential
Utilities & green energy
- Gas: MDU
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: North Rapid Addition
Location
- Region: Rapid City
Financial & listing details
- Date on market: 6/7/2024
- Listing terms: Cash
- Has irrigation water rights: Yes
- Electric utility on property: Yes
- Road surface type: Concrete
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