25 acres residential development in Hermosa, SD. A growing community within one block of the middle school. Also a short scenic commute to Rapid City and all the amenities and great access to all the vacation sites and attractions. The 25 acres is plotted for 42/46 lots and could be expanded to 80 or 90 lots, zoned R1. All City permits applied for and approved. TIF good through 2025 then can be renewed. Gravel road needs to be 35 in width. Water and sewer tap $1,000.00 per tap and is installed along 3rd street. John Deer Scrapper, Terex Double Engine Scrapper, John Deer Excavator and D6 Caterpillar Dozer left on site not included with price of land. However, purchase price of the equipment can be negotiated with Seller.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 7.5% 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.
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Disclaimer: The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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.
