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TBD Old Folsom Road, Rapid City, SD 57701

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For Sale

$410,000

13.32 acres

Estimated Payment

$ 2,130 /mo. †

6.76% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 13.3 acres
    Lot size

Explore this Property

This property directly borders the new Black Hills Industrial Center where development is already underway. Do not miss your chance to invest this major expansion in Rapid City. Ready for development, with great truck access. Possibility for additional acreage to the south (14.83 Acres). The Black Hills Industrial Center will be the first of its kind in western South Dakota. Located along the Heartland Express south of Catron Boulevard, the Black Hills Industrial Center will be home to companies in the technology and value-added agriculture industries and will provide more than 2,000 professional, high-paying jobs.
MLS# 75010

Courtesy Of Keller Williams Realty Black Hills

(605) 343-7500

Property Features

  • Architecture Style
    Other
  • Lot Size
    13.32 Acres

Map and Directions

Directions to TBD Old Folsom Road, Rapid City, SD 57701

Home seller CENTURY 21 ClearView Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 ClearView Realty

(605) 721-1257
Learn More About Us

Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $2,130
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,130

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Valley View Elementary School

Grades KG-5 Public School

Rapid City, SD 57703 4.2 miles
4840 homestead st

555 total students
16:1 Student teacher ratio

School Rating: C

School Details

East Middle School

Grades 6-8 Public School

Rapid City, SD 57703 4.3 miles
4860 homestead st

651 total students
15:1 Student teacher ratio

School Details

Central High School

Grades 9-12 Public School

Rapid City, SD 57701 5.6 miles
433 mount rushmore rd

1897 total students
18:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
St Pauls Lutheran School 2.8 miles Private PK-8
Rapid Valley Elementary School 3 miles Public KG-5 C-
Creekside Christian School 3.2 miles Private KG-8
Grandview Elementary School 3.3 miles Public KG-5 C
Robbinsdale Elementary School 3.5 miles Public KG-5 D+
Rapid City Seventh-day Adventist Elementary School 3.5 miles Private 1-8
South Middle School 3.8 miles Public 6-8 D+
St Thomas More Middle School 3.9 miles Private 6-8
Zion Lutheran School 3.9 miles Private PK-5
South Park Elementary School 4 miles Public KG-5 C-
Calvary Christian School 4.1 miles Private PK-5
Jefferson Building - 64 4.6 miles Public PK-12
Wellfully - 65 4.7 miles Public 1-12
Wilson Elementary School 4.7 miles Public KG-5 C-
Rapid City Christian School 4.8 miles Private 6-12
Rapid City High School - 45 4.9 miles Public 9-12
Lincoln Building - 44 5.4 miles Public 12

St Pauls Lutheran School

Distance: 2.8 miles

Type Private

Grades: PK-8

Rapid Valley Elementary School

Distance: 3 miles

Type Public

Grades: KG-5

C-

Creekside Christian School

Distance: 3.2 miles

Type Private

Grades: KG-8

Grandview Elementary School

Distance: 3.3 miles

Type Public

Grades: KG-5

C

Robbinsdale Elementary School

Distance: 3.5 miles

Type Public

Grades: KG-5

D+

Rapid City Seventh-day Adventist Elementary School

Distance: 3.5 miles

Type Private

Grades: 1-8

South Middle School

Distance: 3.8 miles

Type Public

Grades: 6-8

D+

St Thomas More Middle School

Distance: 3.9 miles

Type Private

Grades: 6-8

Zion Lutheran School

Distance: 3.9 miles

Type Private

Grades: PK-5

South Park Elementary School

Distance: 4 miles

Type Public

Grades: KG-5

C-

Calvary Christian School

Distance: 4.1 miles

Type Private

Grades: PK-5

Jefferson Building - 64

Distance: 4.6 miles

Type Public

Grades: PK-12

Wellfully - 65

Distance: 4.7 miles

Type Public

Grades: 1-12

Wilson Elementary School

Distance: 4.7 miles

Type Public

Grades: KG-5

C-

Rapid City Christian School

Distance: 4.8 miles

Type Private

Grades: 6-12

Rapid City High School - 45

Distance: 4.9 miles

Type Public

Grades: 9-12

Lincoln Building - 44

Distance: 5.4 miles

Type Public

Grades: 12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Rapid City, SD 57701

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Rapid City, SD 57701

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
12° January
Coldest Average Month
19,467 Total Households in Area
5.7% Increase in population since the year 2010
22.8%
of households
have children
16 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Rapid City, SD 57701

Rapid City, SD 57701 has a population of 45,306 people in 19,467 households with a median age of 36.9 years old.

5.7%
Increase in population
since the year 2010
Population is Trending up
17,754
Total households as of 2010
9.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.9 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 67%
Native American 18%
Hispanic 6%
Asian 2%
Black 2%
Other 1%
The most prevalent ethnicity is White at 67%, followed by Native American at 18%, Hispanic at 6%, and Asian at 2%.

Economics
for Rapid City, SD 57701

720 /sq mi
Population Density
$53,701 /yr
Median Household Income
$541,087
Median Sales Price
16 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 18.85% of the households.

Transportation to Work

  • Drive 87%
  • Work from Home 7%
  • Walk or Bike 6%
  • Public Transit 1%

Occupancy by Type

Owned 11,562 55%
Rented 7,904 38%
Vacant 1,516 7%

White vs Blue Collar Jobs







White Collar 66%
Blue Collar 34%

Family & Education Facts
for Rapid City, SD 57701

36.9 Median Age

Average Household Size

2.2
persons per
household

34%

Married Households

Community Population By Education

High School Graduate 34%
Some College 22%
Bachelors Degree 17%
Associates Degree 11%
Graduate Degree 9%
Some High School 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 33.53% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
22.8% of households have children

Weather
for Rapid City, SD 57701

The weather for this area ranges from a high of 86° F in July to a low of 12° F in January

86° July
Hottest Average Month
12° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
12°
35°
Feb
16°
39°
Mar
22°
45°
Apr
33°
57°
May
43°
67°
Jun
52°
77°
Jul
58°
86°
Aug
56°
85°
Sep
46°
75°
Oct
36°
62°
Nov
24°
47°
Dec
16°
39°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Rapid City, SD 57701!
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Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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