- Status:
- ACTIVE
- MLS #:
- 87974
- County:
- Lawrence
- Listed By:
- Casey Raftevold - eXp Realty
- Agent Phone:
- (605) 863-5282
- Agent Email:
- casey.raftevold@exprealty.com
Sponsoring Broker: Gregg Gohl, Hegg Realty
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.
Highlights
- Farm
- Farm
- 36.83 Acre Lot
- 222 days on Market
-
- Acres
- 36.83
-
- Lot Features
- Rolling Slope, Sloped, Level
-
- County
- Lawrence
-
- City
- Spearfish
-
- Zip Code
- 57783
-
Ask a Question
ez Mortgage Calculator
Enter your details below to estimate your monthly mortgage payment with taxes, fees and insurance.
$
Please enter a valid number
Cost of the current home: $1100000
$
%
Please enter a valid number
Cash you pay when you close
Affects interest rates. 30- or 15- year loans are standard.
%
Default rate is illustrative, set internally by ez Home Search and updated periodically; actual rates vary by lender, credit score, and market conditions.
$
%
Please enter a valid number
$
Please enter a valid number
Typically 0.25% of home value per year.
$
Please enter a valid number
Homeowners association dues.
$ 0
Monthly
Principal and interest:
Property Taxes:
Homeowners Insurance:
HOA Dues:
$0 (0%)
$0 (0%)
$0 (0%)
$0 (0%)
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
What's your home worth?
Calculate your current home value within seconds.
Similar Listings
Look Throughout Spearfish
There are currently 309 properties available in Spearfish, with 24 under contract to close soon. Properties in the city have an average sale price of $553,673 and typically spend 98 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 7 zip codes in Lawrence County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of TBD S Colorado Blvd?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to TBD S Colorado Blvd.
They know farms in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about TBD S Colorado Blvd?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $1,100,000. We can talk through recent upgrades, potential seller motivation, how this farm compares to others in Spearfish, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for TBD S Colorado Blvd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for TBD S Colorado Blvd at around $6,260. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy TBD S Colorado Blvd?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Lawrence County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for TBD S Colorado Blvd?
In most cases, yes. Whether TBD S Colorado Blvd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Spearfish's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on TBD S Colorado Blvd?
We can handle that for you. Our preferred local agent specializes in farms in Spearfish and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
TBD S Colorado Blvd was listed on April 01, 2026, which means it's been on the market for 222 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
TBD S Colorado Blvd sits on a 36.83-acre lot, which is 1,604,315 square feet.
Is TBD S Colorado Blvd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
Popular Home Searches in Spearfish, SD
Open Houses Near Spearfish, SD
Land for Sale Near Spearfish, SD
Townhomes for Sale Near Spearfish, SD
Waterfront Homes for Sale Near Spearfish, SD
Waterfront Condos for Sale Near Spearfish, SD
Homes with Pools for Sale Near Spearfish, SD
Gated Community Homes for Sale Near Spearfish, SD
Homes with No Hoa for Sale Near Spearfish, SD
Homes in Adult Communities for Sale Near Spearfish, SD
Search Nearby Cities
Search Nearby Counties
Search Nearby Postal Codes
The data relating to real estate for sale on this website 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 Hegg Realty 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 ©2026 Mount Rushmore Area Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.