Stephanie Lien
605.716.4847
vip@vipproperties.com






Catron & Hwy 16

Rapid City, SD 57701
Offered at US$2,223,000
MLS Number 98886
Status: Active
Property Type: Commercial
Lot Size: 8.65  Acres

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Associate Broker:
Tony Marshall

   
Property Highlights

  • Class
  • City Services
  • Gateway to Mt Rushmore
  • 2 Hwy miles from proposed Wal-Mart

  • Property Description

    2007 traffic counts approximately 9,000 on Catron and 13,900 on hwy 16. 2 hwy miles from proposed Wal-Mart development. We expect traffic counts to
    increase on Catron once proposed Wal-Mart is completed due to the drastically limited retail options in the rapidly growing southwest area of Rapid City. City
    services to sight. Recommend buyer consulting with Rapid City growth management regarding development options. Subject property has appoximately 1
    ,160 ft of Hwy frontage. A hotel has been proposed in the Rapid City Journal 1 hwy mile to the south of this property. Black Hills Federal Credit Union owns a
    parcel to the north. Adjacent to the Black Hills Maze to the north, and across the street to the south if Rushmore Waterslides. Adjacent property to the east
    is listed for sale. Combined, the 2 properties have approximately 1/2 mile of Hwy frontage on 3 sides. Contract for deed, subdividing, partial sale and an
    exchange are possiblities.
    2007 traffic counts approximately 9,000 on Catron and 13,900 on hwy 16. 2 hwy miles from proposed Wal-Mart development. We expect traffic counts to
    increase on Catron once proposed Wal-Mart is completed due to the drastically limited retail options in the rapidly growing southwest area of Rapid City. City
    services to sight. Recommend buyer consulting with Rapid City growth management regarding development options. Subject property has appoximately 1
    ,160 ft of Hwy frontage. A hotel has been proposed in the Rapid City Journal 1 hwy mile to the south of this property. Black Hills Federal Credit Union owns a
    parcel to the north. Adjacent to the Black Hills Maze to the north, and across the street to the south if Rushmore Waterslides. Adjacent property to the east
    is listed for sale. Combined, the 2 properties have approximately 1/2 mile of Hwy frontage on 3 sides. Contract for deed, subdividing, partial sale and an
    exchange are possiblities.
    2007 traffic counts approximately 9,000 on Catron and 13,900 on hwy 16. 2 hwy miles from proposed Wal-Mart development. We expect traffic counts to
    increase on Catron once proposed Wal-Mart is completed due to the drastically limited retail options in the rapidly growing southwest area of Rapid City. City
    services to sight. Recommend buyer consulting with Rapid City growth management regarding development options. Subject property has appoximately 1
    ,160 ft of Hwy frontage. A hotel has been proposed in the Rapid City Journal 1 hwy mile to the south of this property. Black Hills Federal Credit Union owns a
    parcel to the north. Adjacent to the Black Hills Maze to the north, and across the street to the south if Rushmore Waterslides. Adjacent property to the east
    is listed for sale. Combined, the 2 properties have approximately 1/2 mile of Hwy frontage on 3 sides. Contract for deed, subdividing, partial sale and an
    exchange are possiblities.
    2007 traffic counts approximately 9,000 on Catron and 13,900 on hwy 16. 2 hwy miles from proposed Wal-Mart development. We expect traffic counts to
    increase on Catron once proposed Wal-Mart is completed due to the drastically limited retail options in the rapidly growing southwest area of Rapid City. City
    services to sight. Recommend buyer consulting with Rapid City growth management regarding development options. Subject property has appoximately 1
    ,160 ft of Hwy frontage. A hotel has been proposed in the Rapid City Journal 1 hwy mile to the south of this property. Black Hills Federal Credit Union owns a
    parcel to the north. Adjacent to the Black Hills Maze to the north, and across the street to the south if Rushmore Waterslides. Adjacent property to the east
    is listed for sale. Combined, the 2 properties have approximately 1/2 mile of Hwy frontage on 3 sides. Contract for deed, subdividing, partial sale and an
    exchange are possiblities.
    2007 traffic counts approximately 9,000 on Catron and 13,900 on hwy 16. 2 hwy miles from proposed Wal-Mart development. We expect traffic counts to
    increase on Catron once proposed Wal-Mart is completed due to the drastically limited retail options in the rapidly growing southwest area of Rapid City. City
    services to sight. Recommend buyer consulting with Rapid City growth management regarding development options. Subject property has appoximately 1
    ,160 ft of Hwy frontage. A hotel has been proposed in the Rapid City Journal 1 hwy mile to the south of this property. Black Hills Federal Credit Union owns a
    parcel to the north. Adjacent to the Black Hills Maze to the north, and across the street to the south if Rushmore Waterslides. Adjacent property to the east
    is listed for sale. Combined, the 2 properties have approximately 1/2 mile of Hwy frontage on 3 sides. Contract for deed, subdividing, partial sale and an
    exchange are possiblities.

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