Active

515 S Rainbow Road

Spearfish SD, 57783

$1,800,000


$1,538.46 per sqft

Active

3 Beds

1 Bath

1,170 sqft

Residential

Built in 1920

An exceptional investment opportunity awaits with this 39.68-acre property on Colorado Blvd. in Spearfish, South Dakota. Perfectly positioned between the City of Spearfish and the Spearfish Sports Complex at Exit 17, this expansive parcel offers unmatched potential for commercial, industrial, or residential development. This property has electricity, city water, fiber optic cable and phone lines. Located just south of Spearfish Airport at the intersection of Colorado Blvd and Rainbow Rd., this high-visibility property boasts easy access to major transportation routes, making it ideal for businesses, residential, or mixed-use projects. With Spearfish's rapid growth and thriving economy, this is a rare chance to secure a premier piece of land in a sought-after location. Whether you're looking to expand your business, develop a residential neighborhood, or invest in the future of Spearfish, this property is an incredible opportunity. Don't miss out--contact us today to explore the possibilities! Adjacent 40 acre parcel can also be purchased, see MLS 83023. Call Listing Agents Casey Raftevold | 605-863-5282 | or Heath Gran at 605-209-2025 with Great Peaks Realty for more information.

83054

MLS ID

February 6, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

1


Full Bathrooms

1


Laundry Description

Main Level


Floor Description

Carpet, Laminate


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

39.68 Acres


Architectural Style

Two Level


Roof

Composition


Patio And Porch

Deck

School Information

School District

Spearfish

Other Property Details

Area Name

Spearfish


Garage

No


View

No


County

Lawrence


Pets Allowed

Yes


Pool

No

Broker Reciprocity Courtesy of Great Peaks Realty

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the SD - Mount Rushmore Area Association of REALTORS (MRMMR). All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Emily Costopoulos shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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