Address
TBD Republic Road Summerset, SD
Price
$ 2,275,000
Property Attributes
  • MLS#67599
  • TypeCommercial
  • CountyMEADE
  • CitySummerset
  • AreaPiedmont Valley
  • NeighborhoodSummerset USA
  • Zip57718
  • StyleCI Land
  • Price$ 2,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size16.06 Acres
Listing Provided Courtesy Of:
Olsen Real Estate
Data Source:
Mount Rushmore Area Association of REALTORS® (MRAORMLS)
Property Description

Listed by Phil Olsen, Broker with Olsen Real Estate (605) 390-8868. Taxes are estimated only. Buyer agent to confirm all information. All improvements serving this site from Republic Road are funded and contractually committed to be completed in the 2021 construction season. This land is priced at $3.25 SF with public ROW improvements included which surround the 16.06 acres. Contact listing agent for specific details related to funds committed towards public improvements (Republic, Democracy, SDDOT). Land is zoned General Commercial. The asking price is much less than surrounding similar property or any other comparable properties on the market due to the Seller's commitment to sell and move on to other investments. This is a rare opportunity to acquire a very nice and larger parcel at very competitive prices in a community that is slated for serious future growth.

Price History
3/15/2021 Listed $2,275,000

General Features

Access Public Access
Agent First Name Phil
Agent Last Name Olsen
Auction Y/n No
City Summerset
Class COMMERCIAL/INDUSTRIAL
Covenants No
Current Use Other
Directions I90 Exit 48 to Stage Stop Road, W on Stage Stop Road to Sturgis Road, S on Sturgis Road to Independence Street, E on Independence to land.
Docs on File Legal Description, Survey, Topography Map
Extras Hi-Traffic Location, High Visibility, Highway Access
Listing Agent 1748
Listing Area Piedmont Valley
Sale/rent For Sale
Short Sale No
Status Active
Status ACTIVE
Street Name Republic Road
Subdivision Summerset USA
Terms Cash
Topography Level, Sloping
Type CI Land

Exterior Features

Photo Count 4
Frontage 1284
Improvements None
Land Description Meadow
Lot Description Corner Lot, Interior Lot, Meadow, View Lot
Lot Size Area 16.06
Mineral Rights Unknown
Price Per Acre 141656
Road Surface Blacktop
Surface Water None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 57718

Price
AVG $630K
$2.28M
Visits
AVG 21
29

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