Prime multifamily development opportunity on 5.3 acres, ideally positioned just minutes from I-90 with excellent accessibility. This centrally located parcel sits perfectly between Rapid City and Box Elder, making it a strategic site for an apartment complex or other multifamily project. The location offers strong demand with convenient access to Ellsworth AFB, shopping, and other amenities, while still allowing for efficient commuter routes. With ample acreage and an additional 2.1 acres +/- right next door, this property provides flexibility for thoughtful site planning and long-term growth. Builders welcome, buyers build your own vision, or work directly with Boom Construction to achieve your goals. A rare chance to secure a well-located multifamily lot in a rapidly developing corridor. Listed by Houston Boomsma & Jamie Boomsma of The Real Estate Group. 605-877-0477
| Mls #: | 179864 |
|---|---|
| Asking Price: | $692,604 |
| Type: | Residential Lot/Acreage |
| Property Status: | Active |
| # Of Acres: | 5.3 |
| City: | Box Elder |
| County: | Pennington |
| ZIP: | 57719 |
| Area: | Box Elder |
| Status Category: | Active |
| Price Per Acre: | $130,680 |
| Subdivision: | Northern Lights |
| Lot Size: | 5.375 |
| Auction Y/N: | No |
| Land Description: | Interior Lot |
| Type Of Lot: | Building Site, Development Property, Interior |
| Improvements: | None |
| Road Surface: | None |
| Access: | Public |
| Topography: | Sloping |
| Zoning: | Medium Density Resid. |
| Electricity: | WREA Company, Electric to Lot |
| Gas: | None |
| Water: | City (at site) |
| Sewer: | City at Site |
| Will Divide: | No |
| Surface Water: | None |
| Visibility: | Frontage Exposure |
| Will Sell: | New Loan |
| View: | Hills, City, Prairie |
Listing Courtesy of: THE REAL ESTATE GROUP, INC.
Listing Agent: HOUSTON BOOMSMA
605-877-0477
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Black Hills Association of REALTORS® data last updated on October 08, 2026 02:54 PM - MT.
Property Last Updated: October 08, 2026 02:54 PM - MT
