This Black Hills land parcel is a rare find with 441’ of Interstate 90 frontage combined with many attributes. The lot is located on the east side on Interstate 90 West along a frontage road (JB Road) and may be reached from I90 a ½ mile south of Exit 48 (Stagestop Road).
With approximately 25,000 daily trips counted on I90 at this location, this high traffic location is the perfect fit for your business expansion. Located in unincorporated Meade County, there are NO covenants and there is NO land use zoning to control your use. The lot gently slopes from a high point along JB Road to the east towards the rear of the property. The rear of the property abuts the railroad ROW that is owned and operated by the BP & E Railroad. The entire perimeter of the 4.35 acres is secured by a high wire woven security fence with two access gates accessible from JB Road from the west and one access gate accessible from Private Road from the south side.
A large on premise two sided billboard comes with the purchase of this property which reads from both sides of I90 west and east bound lanes. Utilities and communications are in place that currently serve the property. There is a water service stubbed to the site with water provided by the Rendezvous Ranch Water Association and a well is in place that serves the log cabin structure. Sanitary sewer is provided by an existing septic tank and drain field that serves the blue roof log cabin structure located at the primary entrance to the property. The on-site true log cabin has a blue steel roof and is constructed on a full unfinished lower level. Due to its’ construction and color of the roof, the cabin is very noticeable from traffic traveling both ways along I90 and has become somewhat of a landmark.
A valuable income of $900 monthly/$10,800 annually is currently being paid by the tenants who lease the cabin. Immediately adjacent to the cabin is a two-sided sign owned by Lamar Outdoor Advertising which provides annual income of $1,200.00 with a long term and transferable land lease. The property taxes on this property are $5,118 annually.
The purchase price has been reduced to $584,900 and the Seller will consider a short-term contract for deed with a pre-qualified buyer.
Make this unique and very usable property your own by calling Phil Olsen, Broker with Olsen Real Estate at 605-390-8868 (cell or text) or by email at firstname.lastname@example.org.