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Dodson Ranch
640 Acres
$1,600,000
Caputa, SD

Property Description

Development opportunity with immediate earning potential!

The   Dodson Ranch consists of 640+/- acres of western South Dakota prairie. Approximately 160 acres of the ranch have historically been used as productive dryland hay ground. The remainder of the ranch is made up of native western grasses. There are three livestock dugout/dams on the property providing runoff water. The ranch is flanked on the South and East sides completely by well-maintained county gravel roads, though, it’s only a short 1.7-mile distance to black top road. The small town of Caputa, South Dakota which is a short 4.5 miles from the property, lies toward the eastern edge of Pennington County (second most populated county in South Dakota). The majority of the community commutes to Rapid City for commerce, which is 10 straight miles on highway 44. The Dodson ranch is a property that sits on the edge of growth from the ever-expanding area, adding an attractive component of developmental possibilities to the area. This property has turn key earning potential in raw production as well as a favorable asset value for immediate earning opportunities in the area! 

Location

The Dodson Ranch lies toward the eastern edge of Pennington County, SD, just a short 4.5 miles from the small town of Caputa. The majority of the community commutes to Rapid City for commerce, which is 10 straight miles on SD Highway 44. Pennington County is the second most populous county in South Dakota.

Directions from Rapid City: Travel east on SD Highway 44 10 miles to Caputa, then turn left/east onto Dawkins Rd and travel 0.7 miles to 154th Ave. Take a left on 154th Ave. and go north 2 miles to 233rd St., then turn right/east and proceed for 2 more miles until you arrive at the property.

Locale

The historic town of Caputa got its start in 1907 when the Milwaukee Railroad was extended to that point. Today it has a strong local community, primarily based in agriculture. Caputa sits at the edge of the Badlands National Park, which is home to the largest mixed grass prairie in the National Park System and is surrounded by the Buffalo Gap National Grassland.

The Black Hills area offers an inviting mix of recreational and cultural experiences and the area continues to be a destination of choice for tourists and retirees alike. As populations increase in the region, this property will be more conveniently-located than ever, averaging 4 million+ visitors annually.

Rapid City is the second largest city in South Dakota and offers all types of shopping, fine and casual dining, medical facilities and industry. Regional flight service is available 10 minutes away at the Rapid City Regional Airport.

In the nearby Black Hills area, countless recreational activities are available, including Mount Rushmore, Rushmore Cave, Custer State Park, natural hot springs, abundant wildlife in the Black Hills, fossil hunting, and rich history of the Native American Sioux Tribe. 

Ranked #1 by Forbes as the best state for business costs in 2019 and #1 by CNBC in 2021 for business friendliness, (https://sdgoed.com/build-your-business/) , South Dakota is a business-friendly environment that encourages a secure economy, room to innovate and a reliable workforce.

Improvements

Property improvements include a barn, which was built in 1950, 1508 sq.ft.

Utilities

Electric service is provided by West River Electric Association, Inc.

Operation

The operation has been used primarily for grazing and hay production.

Taxes

2021 taxes payable in 2022 are $4,014.28

Legal Description

Pennington County, South Dakota:

Township 1 North Range 10 East, BHM, Pennington County, SD

Section 21; NE4, E2SW4, W2SE4, LESS ROW, NW4, W2SW4, E2SE4

Tanner Hewitt

Broker Associate

Rapid City, SD

(605) 490-7952

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The information provided by Hewitt Land Company has been obtained from sources deemed to be reliable, but is not guaranteed or warranted by Hewitt Land Company or the sellers of these properties. It is the responsibility of the prospective buyer to independently confirm the accuracy and completeness of this information. Prospective buyers and advisors are encouraged to do their own due diligence in regard to tax, financial and legal matters, and to determine the suitability of a specific property to the buyer's needs. This offering is subject to errors, omissions, prior sale, price change, correction or withdrawal from the market without notice. All references are approximate. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. Sellers reserve the right to accept or reject any and all offers without liability to any buyer or cooperating broker. Fences may or may not be located along property borders.