Bring your vision, your business plan, or your next investment strategy — this is a rare visibility-driven location with long-term upside in the heart of Hot Springs. Exceptional opportunity to secure a highly visible mixed-use residential property in one of Hot Springs’ most traveled commercial corridors. Located at 702 Indianapolis Avenue, this site offers excellent exposure, easy highway access, and strong future-use potential for an investor, professional office, or owner-user looking to position a business in a high-traffic location. Investors looking toward the future of Hot Springs may appreciate the property’s strategic location near established businesses, its daily traffic flow, and its access to both local residents and visitors traveling through the Southern Black Hills. The prior structures have been removed, allowing the next owner to imagine a fresh, functional improvement that fits the location and market demand.
Property Details
Price:
$95,500
MLS #:
88371
Status:
Active
Baths:
0
Type:
Land
Neighborhood:
hotsprings
Listed Date:
Apr 26, 2026
Lot Size:
9,583 sqft / 0.22 acres (approx)
See this Listing
Schools
Interior
Exterior
IMPROVEMENTS
Other
LOT DESCRIPTION
Corner Lot
MINERAL RIGHTS
No
ROAD SURFACE
Concrete
SOIL CLASS
Unknown
STYLE
Frame, Modular
TOPOGRAPHY
Level
Financial
UTILITIES- GAS
None
UTILITIES- SEWER
City ( At Site)
UTILITIES- WATER
City
Map
Community
- Address702 Indianapolis Avenue Hot Springs SD
- NeighborhoodHot Springs
- CityHot Springs
- Zip Code57747
Subdivisions in Hot Springs
- Angostura Heights
- Angostura Highlands Subdivision
- Argyle Ridge Estates
- Back Nine
- Battle Mountain
- Boulder Falls
- Canyon Rim Ranch
- Cascade Springs Ranch
- Cascade Springs Subdivision
- Cedar Hills Subdivision
- Clearwater Lake Estates
- Cobblestone Mountain Estates
- Country Club SBH
- Country View
- Crosswind
- Davis
- Eagle Valley
- Grandview
- Green Valley Subdivision
- Hills Subdivision
- Hot Brook Estates
- Hot Springs City
- Lake View Acre Estates
- Lone Elk
- Lone Elk I
- Lone Elk II
- Long’s Lakeview Acres
- Minnekahta 2nd
- Nickel
- Pine Haven
- Pine Shadows
- Pirates Cove Subdivision
- Red Canyon
- Red Rock Ridge
- Sheps Canyon Estates
- Silverspur Ranchettes
- South Shore Beach Estates
- Stewart’s Second Addition
- Stewarts 1st
- Sulphur Springs
- Westwind Pines Subdivision
- Wind Cave Estates
Market Summary
Current real estate data for Land in Hot Springs as of Sep 12, 2026
115
Land Listed
195
Avg DOM
$160,496
Avg List Price
Property Summary
- 702 Indianapolis Avenue Hot Springs SD is a Land for sale in Hot Springs, SD, 57747. It is listed for $95,500 and features 0 acres.
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Courtesy of Century 21 Stevens & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the . Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.

702 Indianapolis Avenue
Hot Springs, SD

