An exceptional investment opportunity awaits with this 36.83-acre property on Colorado Blvd. in Spearfish, South Dakota. Perfectly positioned between the City of Spearfish and the Spearfish Sports Complex at Exit 17, this expansive parcel offers unmatched potential for commercial, industrial, or residential development. This property has electricity, city water, fiber optic cable and phone lines. Located just south of Spearfish Airport at the intersection of Colorado Blvd and Rainbow Rd., this high-visibility property boasts easy access to major transportation routes, making it ideal for businesses, residential, or mixed-use projects. With Spearfish's rapid growth and thriving economy, this is a rare chance to secure a premier piece of land in a sought-after location. Whether you're looking to expand your business, develop a residential neighborhood, or invest in the future of Spearfish, this property is an incredible opportunity. Don’t miss out—contact us today to explore the possibilities! Call Listing Agents Casey Raftevold | 605-863-5282 | or Heath Gran at 605-209-2025 with Great Peaks Realty for more information.
For sale
$1,500,000
S Colorado Blvd, Spearfish, SD 57783
--beds
--baths
--sqft
Est.:
Farm & Ranch
Built in ----
36.83 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-visibility propertyExpansive parcel
- 4 days
- on Zillow |
- 110 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 11, 2025 at 11:50am
Listed by:
Casey Raftevold,
Great Peaks Realty,
Heath Gran,
Great Peaks Realty
Source: Mount Rushmore Area AOR,MLS#: 85628

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Property
Features
- Fencing: Fenced Perimeter
- Waterfront features: Creek/Stream
Lot
- Size: 36.83 Acres
- Features: Farm, Pasture
- Topography: Level,Rolling,Sloping
Details
- Additional structures: Equipment Building, Metal Building, Shed(s), Workshop, Trees
- Zoning description: Lawrence County Zoning: General Agricultural
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm & Ranch
Utilities & green energy
- Gas: MDU
- Water: Public
Community & HOA
Location
- Region: Spearfish
Financial & listing details
- Date on market: 8/11/2025
- Listing terms: Cash,Cash to Loan
- Road surface type: Dirt/Clay, Gravel
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