$1,499,000

865 Valley Dr Rapid City, SD 57701

11.7 acres
Land

Property details

About 865 Valley Dr

Unlock the potential of this prime property, ideally situated in the coveted Black Hills of South Dakota area. Zoned for Medium Density Residential use, the property offers a rare opportunity for multifamily investors seeking to capitalize on the region's thriving market. Its strategic location provides easy access to urban conveniences, while still offering a tranquil residential environment. With the potential to develop multifamily dwellings, this property presents a compelling investment prospect in a sought-after location. Embrace the opportunity to shape the landscape of this vibrant community by leveraging the property's ideal zoning and prime setting in the Black Hills region.

Highlights

Home typeMulti Family
StatusActive
(ACTIVE)
Lot size11.73 Acres
MLS #80525

Summary

  • MLS Number: 80525
  • Office Name: eXp Realty
  • Office Phone: (605) 593-2763

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity™ logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Copyright 2025 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,499,000

865 Valley Dr

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,037,600$-
2023$1,037,600$16,163
2022$1,037,600$-

History based on county public records data.

Nearby schools

4

Valley View Elementary School

Public District KG-5

1.6 mi

4840 Homestead St

4

Rapid Valley Elementary School

Public District KG-5

1.8 mi

2601 Covington St

3

Robbinsdale Elementary School

Public District KG-5

2.0 mi

424 E Indiana St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $59,737. The most common annual income of people living in Rapid City, SD is between $35k-100k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
50%
35k-100k
24%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

36%
Single, No Kids
15%
Single, with Kids
27%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Best BuyBest Buy
  • KmartKmart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Texas RoadhouseTexas Roadhouse
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • Contemporary ChristianContemporary Christian
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Rapid City, SD

About 865 Valley Dr

This home is located at 865 Valley Dr in Rapid City, SD and zip code 57703. Features: 0 bathroom. It has been listed on Rocket Homes since June 7, 2024 and is currently priced at $1,499,000.

In January 2025, from all listings sold in Rapid City, SD there were more than 0 sold above asking price, over 21 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Rapid City, SD increased by 38.7% between December and January 2025.

From Rocket Homes Real Estate and based on county public records data.

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