1116 5Th StCuster, SD 57730

  • Commercial real estate
  • 1,352 SF
For Sale
$3,500,000 View listing

Property Details for 1116 5Th St

Year built
1996
Lot size
6.90 AC
Property size (Sq ft)
1,352 SF
Property type
Commercial real estate
APN
8806
APU
8806

Description

This exceptional investment opportunity presents 13+ acres of prime Black Hills real estate, ideally situated in Custer City limits, less than a mile north of Main Street. The Custer Crazy Horse Campground boasts unparalleled access to scenic drives, ATV/UTV trails, and numerous tourist attractions, making it a highly desirable destination. The property includes 99 full hook-up RV sites (30/50 amp), providing ample capacity for RVs. Adding to the diverse revenue streams are 24 sleeper cabins, each accommodating up to five guests. A unique amenity is a deck-house featuring a private restroom/shower and kitchenette, sleeping up to six. The campground also offers a variety of tent sites, some with water and electricity hookups. Two restroom and shower facilities cater to all guests. The campground is connected to city water and sewer, and fiber optic services are planned for installation in three locations, ensuring complete WIFI coverage. This turnkey operation offers significant potential for growth and profitability in a highly sought-after location. The property's strategic location and diverse offerings make it an exceptional investment opportunity within the thriving Black Hills tourism market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $369,741
    Hospitality
    $338,681
    Educational
    $281,778
    Medical
    $291,469
    Retail
    $438,322
1116 5Th St, Custer, South Dakota

Location Insight

City
Custer
County
Custer
State
South Dakota
Latitude
43.777
Longitude
-103.611

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,918
$450,276
$266,829
$717,105
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