Description
MOTIVATED SELLER! PRICE REDUCED TO $1,100,000! 36.83-acre development opportunity located between the Spearfish Sports Complex at Exit 17 and the City of Spearfish in one of South Dakota's fastest-growing communities. Situated at the highly visible intersection of Colorado Boulevard and Rainbow Road, this prime parcel offers outstanding access, visibility, and future development potential. City water, electricity, and fiber optic service are available, and the property includes several historic outbuildings as well as an impressive 118' x 42' Morton building. Located just south of the Spearfish Airport and minutes from Interstate 90, the site benefits from excellent accessibility, strong traffic counts, and proximity to the area's expanding residential and commercial growth corridors. As Spearfish continues to experience significant population and economic growth, this property offers an opportunity to bring your vision to life—whether through a residential subdivision, commercial development, mixed-use project, or long-term investment strategy. For more information on this exceptional opportunity in the heart of the Northern Black Hills call Listing Agent Casey Raftevold | 605-863-5282 | eXp Realty.
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0BEDS
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36.83ACRES
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01/2 BATHS
School Ratings & Info
Description
MOTIVATED SELLER! PRICE REDUCED TO $1,100,000! 36.83-acre development opportunity located between the Spearfish Sports Complex at Exit 17 and the City of Spearfish in one of South Dakota's fastest-growing communities. Situated at the highly visible intersection of Colorado Boulevard and Rainbow Road, this prime parcel offers outstanding access, visibility, and future development potential. City water, electricity, and fiber optic service are available, and the property includes several historic outbuildings as well as an impressive 118' x 42' Morton building. Located just south of the Spearfish Airport and minutes from Interstate 90, the site benefits from excellent accessibility, strong traffic counts, and proximity to the area's expanding residential and commercial growth corridors. As Spearfish continues to experience significant population and economic growth, this property offers an opportunity to bring your vision to life—whether through a residential subdivision, commercial development, mixed-use project, or long-term investment strategy. For more information on this exceptional opportunity in the heart of the Northern Black Hills call Listing Agent Casey Raftevold | 605-863-5282 | eXp Realty.
© 2026 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Tim Hoffman | Keller Williams Realty Black Hills. 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 brokerage firms other than Tim Hoffman | Keller Williams Realty Black Hills are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2026-08-08T23:44:44.003.
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