Off Colorado Blvd, Spearfish, SD 57783
Dji Fly 20260713 185556 0147 1783991795895 Photo
Dji Fly 20260713 185804 0156 1783991793684 Photo
FOR SALE
NEW - 4 HRS AGO
3D VIEW
40 ACRES

Off Colorado Blvd
Spearfish, SD 57783

  • Studio

$2,600,000

Est. Mortgage $15,003/mo*

$2,600,000

Est. Mortgage $15,003/mo*
Studio
(on 40 acres)

Local Information

  • Map ViewExplore the area around Off Colorado Blvd.
  • Schools3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Tall Tines Trophy Properties is proud to present an exceptional 40A± acre development opportunity strategically located in one of the fastest-growing areas of Spearfish, South Dakota. Positioned near the highly visible intersection of East Colorado Boulevard and South Rainbow Road, this property sits between the City of Spearfish and the rapidly expanding Sky Ridge development, offering outstanding potential for investors, developers, and commercial users seeking a premier location in the Northern Black Hills. The property's location near Interstate 90 Exit 17 provides outstanding accessibility while benefiting from the continued residential and commercial growth occurring throughout the surrounding area. The aerials illustrate the property's proximity to I-90, the Sports Complex, and existing development, highlighting its position within one of Spearfish's most active growth corridors.
Recognized by the City of Spearfish as part of a key development corridor, the East Colorado Boulevard area is planned to accommodate a diverse mix of commercial, residential, and mixed-use projects. Neighboring properties include commercial zoning and Development Review District (DRD) designations, creating flexibility for a wide variety of future development opportunities. Whether your vision includes retail, hospitality, professional office space, multi-family housing, or mixed-use development, this property offers an outstanding foundation for long-term investment.
Infrastructure continues to strengthen the property's value. A 12-inch municipal water main is located along East Colorado Boulevard, while fiber optic communications and telephone service are readily available nearby. The City of Spearfish is investing heavily in the area's future through planned sewer improvements, including upgrades to the Elkhorn Ridge lift station, along with the Colorado Boulevard Widening Project, which will enhance traffic flow, improve access, and accommodate continued growth with additional turn lanes, bicycle lanes, and roadway improvements.
Few development opportunities combine location, visibility, accessibility, and long-term growth potential as effectively as this offering. Situated adjacent to the rapidly expanding Sky Ridge neighborhood and the regional Sports Complex, which attracts thousands of visitors annually for athletic events and tournaments, this property benefits from a growing customer base and increasing demand for commercial services. With Spearfish continuing to experience strong population growth, economic expansion, and sustained development activity, this 40A± acre tract represents an exceptional opportunity to invest in one of western South Dakota's most desirable markets.
Features
40A± acres of premier development land in one of Spearfish's fastest-growing commercial and residential corridors.
Strategically located near Interstate 90 Exit 17 with excellent access to East Colorado Boulevard, South Rainbow Road, the Sky Ridge development, and the Spearfish Sports Complex.
Outstanding investment and development potential with opportunities for commercial, mixed-use, multi-family, retail, office, or hospitality projects.
Infrastructure nearby, including municipal water, fiber optic communications, planned sewer improvements, and the Colorado Boulevard widening project to support future growth.
Exceptional visibility and long-term appreciation potential in a thriving Black Hills community experiencing continued residential, commercial, and economic expansion.
Area Information
City of Spearfish
Visit Spearfish
Lawrence County, SD
Contact this Building

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for Off Colorado Blvd

Days on Market

Days on Market: <1 day on Trulia

Property Information

Property Type / Style
Property Type: Single Family Home

Agent Information

Listing Agent
MLS/Source ID: 111293

Lot Information

Lot Area: 0.00 Acres
Last check for updates: about 11 hours ago
Listing courtesy of Mark Schweigert
Tall Tines Trophy Properties, (605) 840-9578
Source: REALSTACK, MLS#111293

Market trends in Spearfish

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$459K
Sale-to-List Price
Price per sq ft
$223
Available listings
97
13
MoM

Price History for Off Colorado Blvd

DatePriceEventSource
07/14/2026$2,600,000Listed For SaleREALSTACK #111293

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Comparable Sales for Off Colorado Blvd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.23
Single-Family Home
$274,900
05/15/26
2
1
810
0.25
Single-Family Home
$367,000
01/30/26
3
2
1,214
0.30
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$400,000
08/20/25
3
2
1,460
0.31
Single-Family Home
$310,000
12/01/25
2
1
1,182
0.34
Single-Family Home
$310,000
03/25/26
2
1
1,139
0.40
Single-Family Home
$262,800
10/17/25
2
1
825
0.46
Single-Family Home
$480,000
05/08/26
5
3
2,912
0.48
Single-Family Home
$399,900
12/12/25
3
2.5
1,724
0.97
Single-Family Home
$300,000
08/06/25
3
1
1,170
1.26
Single-Family Home
$775,000
01/08/26
6
3
3,324

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Assigned Schools

These are the assigned schools for Off Colorado Blvd.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spearfish

At least 52 Trulia users voted on each feature.
  • 89 % Say parking is easy

  • 82 % Say it's dog friendly

  • 81 % Say there's wildlife

  • 80 % Say yards are well-kept

  • 79 % Say car is needed

  • 78 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 72 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 64 % Say it's quiet

  • 60 % Say streets are well-lit

  • 59 % Say neighbors are friendly

  • 58 % Say it's walkable to restaurants

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say it's walkable to grocery stores

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chadjagow
    "Great community and parks! Walk to everything from our neighborhood and every season has something going on. "
  • Brittney M.
    "People are always walking their dogs. But it is difficult to find a place to live with dogs. However, most community members love dogs and you can see people asking dog owners if they can pet them all the time. "
  • Brittney M.
    "This is a dog friendly neighborhood for small dogs but not at all for big dogs. Okay thank you "
  • Ariannhernandez
    "Is pretty, very safe that you can walk alone during the night. Friendly neighbors. But there is 0 public transportation. "
  • Cat
    "Lots of dogs for them to be around. Pretty Nice neighborhood. It’s definitely getting busier around this area"
  • Delana R.
    "Live in the area, clean, quiet, beautiful, friendly! Has it all! Growing a little too fast! Was the Best kept Secret now Best! "
  • Ibrenner
    "There are too many to name. However, Downtown Friday Nights in the summer are fun for all ages. There is a Fall Festival and a great Holiday Light Parade in December. Spearfish is a great place to live because of the beauty, friendly people, and lots of things to do."
  • RDM
    "this is an active mountian biking, fishing and musical community... now with 3 breweries! Always something going on for kids as well. "
  • Ladiajakubec
    "No public transportation or taxis but easy with low traffic at all times. also possible to ge arrondiert on a bike."
  • Ned H.
    "A mix of families and retirees. Close to park and open spaces. Good views of Crow Peak and Lookout Mountain. "
  • Aron R.
    "Good place to live and vacation ".............go visit this place it is a great place to worship. You can live here in extension of your current life "
  • Christle
    "Spearfish is a great place to live. College/university, great schools, jobs, great for retirees.....ND workers as well!"
  • Marcy
    "steel siding, nice views of lookout and crow peak. hardly no mowing."

LGBTQ Local Legal Protections

Mark Schweigert, Tall Tines Trophy Properties, (605) 840-9578
Off Colorado Blvd, Spearfish, SD 57783 is a studio single-family home. This property is currently available for sale and was listed by REALSTACK on Jul 14, 2026. The MLS # for this home is MLS# 111293.