Skip to content View Site Map
$514,900
This high-visibility commercial parcel is ideally suited for a corner pad site and future retail expansion. The property is fully served by city sanitary sewer, Black Hawk water, MDU natural gas, BHE electric, and multiple communication providers. A favorable 3–4% cross slope and predominantly lean clay soils support efficient, cost-effective construction. Zoned General Commercial by the City of Summerset, the site is located within a pro-growth community that actively welcomes new business development. The surrounding Summerset, Piedmont, and Black Hawk area—home to approximately 6,000 residents—represents an underserved market with strong demand for retail, dining, lodging, and services. Developers may also benefit from the Meade County Property Tax Abatement program for new commercial construction.
This lot is fully prepared for commercial development, with primary access from Democracy Drive. The property offers approximately 475.02 linear feet of Sturgis Road frontage, providing excellent visibility and a strong commercial presence. A wide range of development options may be considered for this site. The surrounding communities of Summerset, Piedmont, and Black Hawk—totaling approximately 6,000 residents—are currently underserved, creating meaningful demand for retail, dining, service, and other small business opportunities. Supporting this demand, the average household income in the City of Summerset is approaching $100,000, strengthening the market potential for new development. The seller’s broker has concept plans, including estimated construction costs, for a retail center with a pad site located at the southwest corner of the property. All utilities are available at the lot line, including three-phase electricity at the corner.
The City of Summerset is developer-friendly and ready to assist with project review, permitting, and new construction. As an added incentive, developers may take advantage of the Meade County Property Tax Abatement program.

Contact Phil Olsen, Broker, at 605-390-8868 for more information. Buyer and Buyers agent to verify all MLS information.



Land Description: Corner Lot Electricity: BHE
Zoning: General Commercial Gas: MDU
BHMLS# 176976 Water: BHWD (at site)
MRMLS# 87044 Sewer: Summerset (at site)

Click images to enlarge

Featured Listings

About Olsen Real Estate

Our professional staff is passionate about our clients’ goals, and aim to treat each client as if they were our only one. Together, your next real estate experience will not only be enjoyable but also produce great results! Please feel free to give us a call, or send an email anytime and we will contact you as soon as possible.

Phil Olsen, Broker
olsen.re1@icloud.com
Call/Text: (605) 390-8868