0 Marlin DrRapid City, SD 57703

Property Details for 0 Marlin Dr

Lot size

3.11 AC

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional 3.11-acre commercial property in Rapid City, South Dakota, presents a lucrative investment opportunity. Located in the Marlin Drive Commercial Park, this land offers a ready-to-build hotel/apartment project. Complete architectural and civil plans, compliant with city regulations, are included, streamlining the development process and eliminating permitting delays. The property boasts a prime location near the intersection of Elk Vale Road and East Minnesota Street, along the Highway 16 bypass, experiencing high daily traffic (22,000 vehicles). This ensures excellent visibility and accessibility. Its proximity to the Rapid City Regional Airport (8 miles) further enhances its appeal to travelers. The permitted zoning is General Commercial, making it ideal for a hospitality-focused development to meet the growing demand for accommodations in the area. The asking price for this turnkey development opportunity is $624,900. This property is agent-owned and offers a significant competitive advantage due to the pre-approved plans.

Location Insight

City

Rapid City

County

Pennington

State

South Dakota

Latitude

44.0439

Longitude

-103.168

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