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For Sale

1700 JUBILEE LN

1700 JUBILEE LN, Rapid City, SD 57703

$2,338,858
Rapid City, SD--Anchored by Safeway Shopping Center subdivision, this complementary opportunity at the busy intersection of Elk Vale Road & Concourse Drive is now available for sale. Property is zoned "Office Commercial" allowing for a variety of commercial uses and multi-family housing. TIF application has been submitted for off-site civil improvements with complete traffic-study available. Land planning for a multi-family project providing high-quality housing project has been completed and may be available, offer depending. Lot B (5.95 AC) & Lot C (6.72 AC) are available for sale now at $7.99/sf. Lot D (11.46 AC) will be available in a future phase. Rapid City is booming and is the second largest city in South Dakota Rapid City named to Livability's top 100 Best Places to Live in the U.S. for 2024 Average Weekly Wages $1,064 (as of October 31, 2024). B21 Bomber program awarded to Ellsworth AFB creating an immense need for off-base housing.

6.72 Acres lot

Malinda Conely

EDWARD STERNBERG

EDWARD STERNBERG

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area6.72 Acres
  • MLS® ID171594
  • TypeCommercial

Exterior

  • lot featuresCorner Lot, Level

Financial

  • Sales Price$2,338,858
  • Zoning Office Commercial
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Courtesy of Shana Morgan, ALC

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