tbd REPUBLIC RD, Summerset, SD 57718
SUMMERSET USA · Meade County
Key Facts
Description
This is a rectangular lot, about 535 feet wide and 624 feet deep (see attached map). You can connect to sewer and water from lines which parallel I-90 or from Independence Road and/or Republic Road. The lot is inside Summerset city limits and is zoned for general commercial use. The land has a gentle slope of 3–4%, making it easy to develop. It’s a good size and can fit multiple medium to large buildings, with about 530 feet of frontage along I-90. This is a great chance to have your business visible from the highway in a high-quality environment with immediate views of the Black Hills front range. You also have the option to combine this lot with the neighboring 4.6 acre lot for a total of 12 acres along I-90. Plus, new commercial construction may qualify for a 5-year property tax break from Meade County (see attached).
Property Information
Property Type
Commercial Sale
Sub-Type
Unimproved Land
Lot Size
7.60 acres
Zoning
General Commercial
MLS® Listing#
177486
Property Features
Lot Features
Sewer
Affordability Calculator
$280,000
Estimated monthly payment
$7,451/mo
Principal $1,120,000 · Est. interest $1,562,500 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Summerset, SD
- $540,000
- Median Listing Price
- 22
- Median Days on Market
- 2,496
- Median Sq Ft
- $213
- Median Price / Sq Ft
- 20
- Active Listings
- This home’s price is 159% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Summerset, SD.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| TBD Sturgis Road, Summerset, SD | $1,029,800 | — | — | — |
| tbd STURGIS RD, Summerset, SD | $1,029,800 | — | — | — |
| tbd Republic Road, Summerset, SD | $1,400,000 | — | — | — |
Moving Cost Estimate
Listing Courtesy: OLSEN REAL ESTATE - 6053908868
Presented by: PHILLIP OLSEN