• 2015 N PLAZA DR #Across from Fountain, Rapid City, SD 57702 (MLS # 139127)

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    PRICE $320,000
    BEDS n/a
    BATHS 0 bath
    HOME SIZE n/a
    LOT SIZE n/a

    Great location, across from Fountain Springs Church. Price includes: 1.43 acres of land, complete plans to build 28 units in two buildings: a 12-unit bldg and a 16-unit bldg, 17 garage stalls. The completed soils engineering is by American Engineering; fully designed/engineered & market-tested plans are by KDG - Kennedy Design Group & Hermanson Egge Engineering. RC Engineering has approved the extensive 30+ pages of detailed plans. The project is understood to be ready for a building permit based upon the above. Price is based upon "standard MDR land value of $3.50 per foot" - per May '18 DOE office est. Plus an est. 2% of hard/soft costs to this approval point and balance of value to project developer. Most people would not offer a project for sale this far along. It's a great and unique opportunity, while it lasts. Design or Architecture fees on a project this size are believed to be valued at 6-7% or around $200k. Owner is a SD real estate licensee. Borders golf course!

    DAYS ON MARKET 143 LAST UPDATED 5/29/2018
    TRACT FOUNTAIN SPGS YEAR BUILT 2019
    COMMUNITY Northwest COUNTY Pennington
    STATUS Active PROPERTY TYPE(S) Multi Family


    ADDITIONAL DETAILS
    AIR Electric
    AIR CONDITIONING Yes
    APPLIANCES None
    AREA Northwest
    BASEMENT Concrete Block
    CONSTRUCTION Other
    EXTERIOR None
    GARAGE Yes
    HEAT Gas
    INTERIOR Community Entrance
    LOT DESCRIPTION Flat, Golf Course
    LOT DIMENSIONS 1.43 ACRES
    PARKING Paved,Garage
    SEWER City
    STYLE 2 Levels
    SUBDIVISION FOUNTAIN SPGS
    UTILITIES City; City;
    VIEW Yes
    VIEW DESCRIPTION Golf Course,Hills,Meadow
    WATER City

    SATELLITE VIEW



     
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    Listing provided by BOBBY SUNDBY, SUN REAL ESTATE

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