Lead, SD 57754 - Lawrence County

POWDER HOUSE PASS

SPECIAL OPPORTUNITY:

Powder House Pass is a beautiful, successfully proven development in the old Wild West history of the Black Hills of South Dakota. It is considered one of the finest developments in the Black Hills with lifestyle comforts and modern amenities in a scenic forest setting.

In Powder House Pass, there is a large 53-acre parcel with abundant and rare opportunities awaiting ones imagination and pursuits, as follows:

** Land Development: Residential, Multi-Family, Condominium, etc.

** Commercial Entrepreneurship: Resort, RV Park, Retail/Restaurant, Hotel/Motel, C-Store, Tech Park, etc.

** Investment Portfolio Enhancement: The Black Hills region is experiencing rapid growth and recognition with limited, buildable land for development of the above-mentioned commercial and residential opportunities.

STRATEGIC BENEFITS:

** Planned Unit Development Zoning (PUD);

** Community Improvement District (CID) Designation;

** Quality Water System with a 110,000 gallon water tank and new 370,000 gallon water tank;

** Natural Gas, High-Speed Internet, Power, and Paved Road Accessibility;

** Community Building featuring Game Room, 2 Heated Pools (1 is open year-round), Splash Pad, Outdoor Firepits, etc.

BENEFICIAL ATTRIBUTES:

** Powder House Pass has no city sales tax;

** South Dakota is one of only four states with no state income, capital gains, or estate tax, and is well known for low taxation and regulations which promote investment and business growth. The state is typically ranked #1 with the ability to establish legacy trusts.

FANTASTIC LOCATION:

Located in the Recreational Corridor of the Black Hills, Powder House Pass has convenient on-site access to the State Snowmobile Trail. Other nearby activities include hiking/biking the Mickelson Trail, rock climbing/trout fishing in Spearfish Canyon, golfing at Lead Country Club, snowboarding/skiing at Terry Peak Ski Resort, riding ATV trails, horseback riding, and more plus only minutes to entertainment in the historic neighboring towns of Deadwood, Lead, Sturgis, and Spearfish.

** Rapid City Regional Airport is only 45 minutes away.

** Black Hills Airport in Spearfish is only 25 minutes away.

NATURAL BEAUTY:

The Black Hills are the highest mountain range in the United States, east of the Rockies. Mountain views, beautiful canyons, striking rock formations, and trout streams are within the surrounding forest and are populated with spruce, aspen, birch and ponderosa trees. Thousands of acres of National Forest land nearby, providing seclusion and abundant recreational land. There is no shortage of natural beauty and geological diversity in the Black Hills.

Powder House Pass has an elevation of approximately 5800 feet and provides Four Seasons of enjoyment each year. Winters are typically quite mild when compared to the upper Midwest. The Black Hills are known as the banana belt of South Dakota due to temperature inversions, etc., and winter temperatures can be in the 40 and even 50 ranges at various times. And when snow falls, the lacing of the trees and landscapes is a sight to behold. The summers are mild and temperate with low humidity and its rare to see even a mosquito!

THE COMMUNITY IMPROVEMENT DISTRICT (CID) AND PLANNED UNIT DEVELOPMENT (PUD):

Powder House Pass is a Community Improvement District (CID) and only the 2nd development in the State of South Dakota to receive this designation. As a CID, Powder House Pass functions similarly to a municipality (under SDCL 725-A), and has a Board of Supervisors to oversee the developments roadways, utilities, common amenities, set budgets, monitor expenses, etc., to maintain the communitys sustainability. A CID is delegated to receive unique community improvements, such as a central water system, quality infrastructure, paved roads, community facility with heated pools, etc.

Powder House Pass is zoned a Planned Unit Development (PUD) as well and is attractively designed as a cohesive place for residential life. The PUD can accommodate housing for homeowners of varying price points, while assisting growth of the Powder House Pass Community through construction of shops, restaurants, town homes, hundreds of single-family homes and multi-family units, office space, light industrial and storage facilities, etc.

A PUD distinction provides this 53-acre parcel with great flexibility by promoting innovative/creative design, environmental conservation, sustainable services, and density for various types of development.

ACCESSIBILITY:

Accessibility to the 53-Acre Parcel in Powder House Pass is excellent, with direct access from Hwy. 14A/85 (CanAm Highway) and Rochford Road on the adjacent east side (paved County Highway). All these roads are paved and are well maintained and plowed in the winter.

TOPOGRAPHY:

Level topography of this parcel is unique to the area and allows for ease of development.

ECONOMY:

Since the creation of Powder House Pass, the local economy has been given a boost with the creation of much-needed jobs in the area. This regions economy is quite diverse and includes tourism, mineral extraction, gaming, agriculture, Sanford Underground Research Facility (SURF) in Lead, and Ellsworth Air Force Base, located near Rapid City. Its noteworthy that Ellsworth Air Force Base is undergoing a huge expansion and will be host to the new B-21 Raider, replacing the B1 and B2 bombers.

Although tourism is the main economic driver of the area, the region has a population of over 150,000, which increases to nearly 250,000 during the summer months. Powder House Pass is a destination for thousands of vacationers each year. And because of the location of this 53-Acre Parcel of land that is for sale, within Powder House Pass and the Recreational Corridor, winter months also see strong recreational activity with the aforementioned snowmobiling, skiing, and other activities within the immediate area.

AFFORDABLE LUXURY with FUTURE VALUE:

The Black Hills are a hidden gem in South Dakota that is currently undergoing nationwide recognition, on many levels, for their beauty, recreational features, investment opportunities, safety and quality of life attributes, temperate climate, etc. History abounds in the Hills for many reasons, with Deadwoods Gold Mining Days, the home of the patriotic Mount Rushmore National Monument, etc.

A rare opportunity is present to invest in this large 53-acre parcel of land in a proven, successful Community Improvement District with quality city utilities and services in an area rich with scenery. High levels of economic growth provide assurance for continued expansion and investment opportunities with appreciating values to meet greatly increasing demand.

Indications are that Black Hills land prices will increase, continuing upward toward Colorado and Montana prices. Much of the land within the Black Hills is Government-owned, which equates to less land available for development. As Will Rogers accurately stated, Buy land. They ain't making any more of the stuff! ...especially with the features of Powder House Pass, in the Black Hills of South Dakota. Abundant benefits include quality utilities, developable topography, and the desirable location offered by this 48-acre parcel of land, uniquely setting it apart from other land in the Black Hills. Powder House Pass confidently states that this 48-acre parcel of land is, easy to get to, but hard to leave!