Improved Mixed-Use Land for Sale in Spearfish, South Dakota

515 S Rainbow Rd Spearfish, SD 57783

Images
Map
Street
1 / 23
$2,800,000
79.7 acres
Active
agoEst $17,263/mo

An exceptional investment opportunity awaits with this 79.68-acre property on Colorado Blvd. in Spearfish, South Dakota. Perfectly positioned between the City of Spearfish and the Spearfish Sports Complex at Exit 17, this expansive parcel offers unmatched potential for commercial, industrial, or residential development. This property has electricity, city water, fiber optic cable and phone lines. Located just south of Spearfish Airport at the intersection of Colorado Blvd and Rainbow Rd., this high-visibility property boasts easy access to major transportation routes, making it ideal for businesses, residential, or mixed-use projects. With Spearfish's rapid growth and thriving economy, this is a rare chance to secure a premier piece of land in a sought-after location. Whether you're looking to expand your business, develop a residential neighborhood, or invest in the future of Spearfish, this property is an incredible opportunity. Don't miss out--contact us today to explore the possibilities! Call Listing Agents Casey Raftevold | 605-863-5282 | or Heath Gran at 605-209-2025 with Great Peaks Realty for more information.

1,170
Sq feet
3
Beds
1
Full bath
1920
Built

Directions

From Exit 14 in Spearfish go south to Colorado Blvd and head East for 2.2 miles. Property will be on the right. See Great Peaks Realty signs.

Location

Street Address
515 S Rainbow Rd
Community
Spearfish
School District
Spearfish
Elevation
3,891 feet
Coordinates
44.4707, -103.7723

Property details

MLS Number
MTRAOR 83023
Date Posted

Parcels

  • 21000-00603-201-30

This 79.68-acre property is located at 515 S Rainbow Rd in Spearfish, SD 57783. The property is currently available for sale for $2,800,000. It has a 1,170 sq ft 3 bedroom, 1 bath house built in 1920. Listing data is sourced from Mount Rushmore Area Association of Realtors # 83023.

Verify sale details at the property source or contact Great Peaks Realty at (605) 209-2052.

Report listing issue

Copyright (C) 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.

Checked 8 mins ago. Updated . Parcel data by Regrid.

Contact listing agent Message rules
By submitting, I agree to the terms of use, privacy policy, and to receive communications.
Contact