Home Highlights
Single-Family Home
40 acre lot
Local Information
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About this House
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
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
Last check for updates: about 1 hour ago
Listing courtesy of Mark Schweigert
Tall Tines Trophy Properties, (605) 840-9578
Source: REALSTACK, MLS#111293
Home Details for Off Colorado Blvd
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Days on Market: 80 days on Trulia |
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Property Type / Style Property Type: Single Family Home |
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Listing Agent MLS/Source ID: 111293 |
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Lot Area: 0.00 Acres |
Around this home
What Locals Say about Spearfish
At least 52 Trulia users voted on each feature.
89 % Say parking is easy
81 % Say there's wildlife
81 % Say it's dog friendly
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
45 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Spearfish
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
115
20MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.31 | Single-Family Home | $310,000 | 12/01/25 | 2 | 1 | 1,182 | |
0.32 | Single-Family Home | $355,000 | 08/28/26 | 3 | 2 | 1,410 | |
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 | |
1.26 | Single-Family Home | $775,000 | 01/08/26 | 6 | 3 | 3,324 | |
1.29 | Single-Family Home | $850,000 | 12/30/25 | 3 | 2.5 | 2,856 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.18 | - | 3 | 2 | 1,099 | Off Market | |
0.19 | $340,400 | 2 | 1 | 1,167 | Off Market | |
0.20 | $333,200 | 2 | 1 | 1,167 | Off Market | |
0.20 | $252,200 | 2 | 1 | 840 | Off Market | |
0.20 | $337,200 | 3 | 2 | 1,214 | Off Market | |
0.21 | $377,100 | 3 | 2 | 1,393 | Off Market | |
0.22 | $286,100 | 2 | 1 | 904 | Off Market | |
0.23 | $274,900 | 2 | 1 | 810 | Recently Sold | |
0.24 | $333,400 | Studio | - | 1,030 | Off Market | |
0.24 | $380,900 | 3 | 2 | 1,393 | Off Market | |
0.25 | $253,600 | 2 | 1 | 865 | Off Market | |
0.25 | $367,000 | 3 | 2 | 1,214 | Recently Sold | |
0.25 | $319,200 | 3 | 2 | 1,099 | Off Market | |
0.25 | $343,600 | Studio | - | 1,082 | Off Market | |
0.26 | - | 3 | 2 | 1,099 | Off Market | |
0.26 | $362,000 | Studio | - | 1,134 | Off Market | |
0.27 | $384,500 | 3 | 2 | 1,388 | Off Market | |
0.27 | $336,500 | Studio | - | 1,082 | Off Market | |
0.28 | $332,300 | Studio | - | 1,082 | Off Market | |
0.28 | $322,100 | 2 | 1 | 1,167 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 22, 2026 Source: REALSTACK #111293 | Pending | $2,600,000 |
Jul 14, 2026 Source: REALSTACK #111293 | Listed For Sale | $2,600,000 |
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Frequently asked questions about Off Colorado Blvd
- What is the estimated monthly payment for Off Colorado Blvd?Based on a $2,600,000 list price with 20% down at today's rates, the estimated monthly payment for Off Colorado Blvd in Spearfish, SD is approximately $16,659 (about $14,721 principal & interest, $1,863 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Spearfish?Residents describe Spearfish, SD as easy to park in, dog-friendly, and well-kept. Most residents say you need a car. See homes for sale in Spearfish, SD.
- What are the closest schools to Off Colorado Blvd?The closest schools to Off Colorado Blvd in Spearfish, SD are Creekside Elementary - 07 (rated 7/10), Mountain View Elementary - 08, Spearfish High School - 01 (rated 5/10).
- How big is the lot at Off Colorado Blvd?The lot at Off Colorado Blvd in Spearfish, SD is about 40 acres.
- Is there a virtual tour of Off Colorado Blvd?Yes, a virtual tour of Off Colorado Blvd in Spearfish, SD is available.
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.

