Back to Previous Page TBD Aesir Rd Lot 4, Block 3
Black Hills Industrial Center - Aesir Blvd, North Side, Lot 4, Block 3
$292,048
Land 2.53 Acres
Property Information
List Price $292,048
Zoning Heavy Industrial
County Pennington County
Acres 2.53
$/Acre $115,433
Property Overview
Available lots range from 1.80 to 85.87 acres along Capacitor Blvd, Aesir Blvd, and Creek Dr. Lot boundaries can be adjusted and adjoining sites combined to fit a specific footprint, and sites are available for purchase outright or through a built-to-suit arrangement.
The park connects to Old Folsom Rd and SD Hwy 79/Heartland Expressway at a lighted intersection, with a planned signal upgrade at that intersection still to come. I-90 is approximately 10 miles away and Rapid City Regional Airport is approximately 9 miles away.
Infrastructure includes city water and sewer, natural gas, fiber through SDN Communications, two electric providers, and an adjacent RCP&E rail line for rail-served users.
Highlights
• Quest Site Certified — the only development of its kind in western South Dakota (certified May 2026)
• 21 lots available ranging from 1.80 to 85.87 acres, with boundaries that can be adjusted or combined
• Direct connection to SD Hwy 79/Heartland Expressway at a lighted intersection with Old Folsom Rd
• Approximately 10 miles to I-90 and 9 miles to Rapid City Regional Airport
• Adjacent RCP&E rail line
• City water and sewer, natural gas, fiber, and two electric providers (Black Hills Energy and Black Hills Electric Cooperative)
• Sites available for purchase or through a built-to-suit arrangement
• 2.53 acres, Aesir Blvd, North Side, Block 3
• $2.65/SF, $292,048 sale price
• Phase 2 delivery, December 2026
• Heavy Industrial zoning, Quest Site Certified park
Location Overview
• Lighted intersection access, with a planned signal upgrade at SD Hwy 79 and Old Folsom Rd
• Adjacent to the RCP&E rail line
• Approximately 10 miles to I-90 and 9 miles to Rapid City Regional Airport
• 15,608 VPD on SD Hwy 79 between the city limit and Elk Vale Rd (2025)
• This 2.53-acre lot sits on the north side of Aesir Blvd in Block 3, priced at $292,048 and scheduled for Phase 2 delivery in December 2026.
Listing Agent
SIOR, CCIM
Commercial Broker
Professional Summary
Chris specializes in investment, industrial, office, land, multifamily, and hospitality transactions throughout Rapid City and the Black Hills. With more than two decades of experience in real estate research, institutional multifamily operations, revenue management, and brokerage, he brings a disciplined, market-driven approach to every assignment.
Clients rely on Chris for strategic pricing, financial analysis, and structured negotiation informed by institutional experience. He advises property owners and investors with clear communication and data-backed recommendations from evaluation through closing.
Experience & Background
Chris began his career in Denver as a research associate with The Meyers Group, leading new development research and publishing reports on market trends and absorption.
In 2003, he joined UDR, Inc., a national multifamily real estate investment trust, where he served as Director of Pricing and Revenue Management. He led the nationwide rollout of yield management software across more than 230 properties, contributing to sustained revenue growth.
After relocating to South Dakota in 2010, Chris built the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 16 years, Rapid City Commercial has led the region in both sales and leasing volume. In the last five years, the team has completed more than 550 transactions totaling over $425 million in volume, ranking #1 in the KW Commercial North Central Region and among the top 20 nationwide.
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