Dakota Territory Ranch
Piedmont, South Dakota | Meade County | 463 Acres
Property Information
Dakota Territory Ranch lies in the scenic foothills of the Black Hills, is situated lying along Elk Creek. The property is secluded and unique, yet only minutes north of Rapid City, South Dakota and east of Piedmont. This property has superior location as a buy and hold gentlemen’s ranch or as transitional development property. This one-of-a-kind property has been owned by the same family for over 100 years. The potential exists to access the entitlements of water, natural gas, high speed internet and electricity. Roads and infrastructure have been significantly improved in this area. Rapid City and the Black Hills region are poised to continue growing, making the Dakota Territory Ranch property very desirable as a transition property. Possible owner financing to qualified buyers.
Dakota Territory Ranch has 463 acres grassland and cottonwood lined creek bottoms. Elk Creek runs through the property plus there are two other drainages that bisect the property, several spring fed ponds, two shallow water wells and an abundance of trees along the creeks.Close Details
LOCATION
The property is approximately 8.5 miles north of Rapid City, South Dakota on paved Haines Avenue. From Piedmont, South Dakota, the property is approximately 7.5 miles east on Elk Creek Road which is also paved.
Dakota Territory Ranch adjoins the existing Golden Valley rural subdivision.
Nearby one will find the World-Famous Sturgis Motorcycle Rally, Mount Rushmore and the western gambling town of Deadwood, South Dakota.
ACREAGE
Assessor records show 463 acres grassland and cottonwood lined creek bottoms. Elk Creek runs through the property plus there are two other drainages that bisect the property and several spring fed ponds, two shallow water wells and an abundance of trees along the creeks. The current owner has harvested many substantial hay crops over the years.
There is ample wildlife on the property, including white tail deer, turkey, sharp tail grouse, and occasionally elk and pheasants. Elk Creek is a mixed cold/warm water fishery. In the spring and early summer, the cold waters are conducive to trout, but as the temperatures warm through the summer, the trout move upstream toward the spring fed influence of Elk Creek and the warm water species of bass and catfish are most prevalent.
The center portion and higher elevations of the property have significant gravel deposits which add another dynamic to the offering.
DEVELOPMENT CONSIDERATIONS
Water: There is potential to access the Bear Butte Water District located just to the North. Ground water is also available from deep wells into the Madison formation.
Electricity: There is access to three phase electricity on the south west corner of the property.
Access: The property has county road access from two different sides aiding in its subdivision potential.
Minerals: The mineral estate is believed to be intact as the property has been owned by the same family for generations. The buyer should satisfy itself to the exact status of the mineral ownership. Please contact the broker for referral to a local mineral abstractor.
DIRECTIONS
From Rapid City, SD: Take 1-90 Exit 58 (Haines Ave.), travel north for 8.5 miles to Elk Creek Road turn right on to Elk Creek Road for 1 mile then left on to 142nd for 1.5 miles.
From Piedmont, SD: Take 1-90 Exit 46 and travel east on paved Elk Creek Rd for approx. 8.5 miles until you reach the intersection of 142nd Avenute turn left for 1.5 miles Note: Meade County has plans to blacktop Elk Creek Rd from Haines Ave. eastward to the intersection of Elk Creek Rd and Elk Vale Rd. north of 1-90 in the near future. This will provide yet another access to the property from Rapid City.
SUMMARY
The location of the Dakota Territory Ranch makes it desirable for investment purposes. Meade County has a planning protocol for property development. Opportunities for infrastructure funding do exist in the form of Tax Improvement Funds (TIF).
The Rapid City area has experienced strong growth with several new commercial/industrial companies moving to the region. Short-term rental facilities are full as new residents await housing. With the population growth of Rapid City, South Dakota projected to grow by 40,000 or more in the next 10 years and with the new B-21 Bomber coming to Ellsworth Airforce Base, this property on the north end of the greater Rapid City area is a great investment for a new subdivision, for a ‘buy and hold’ investment or as a small ranch in the path of growth.