Southeast Rapid City MDR lot for sale! +-8 acre Medium Density Residential (MDR) lot with access points from Derby and Preakness. This a great little nook in Southeast Rapid City with quick access to major arterials. Seller developed much of the residential housing area to the North of the subject property and is willing to interact with the buyer regarding improvements, drainage, etc. City utilities in the area and/or on the lot. Would be a great location with nice views for a series of apartments. Property being sold as is and actual acreage determined from a surveyor/engineer to be multiplied by a factor of $2.25sf. The conceptual design shows how a future road system might be incorporated into the 8 acre lot. Road and improvements are not included in the listing price. Listed by Randy Olivier, RE/MAX Advantage, 605-430-6246.
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Black Hills Association of REALTORS®.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.