Aviation

Rapid City, SD Aviation Real Estate for Sale

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Box Elder, SD Summerset, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
Two-Bay Airport Hanger with Office
Updated: Apr 11
Two-Bay Airport Hanger with Office

3985 Cook Hangar Ln, Rapid City, SD 57703

Contact for pricing
5,893 sqft
Approx 5,893 SF 2‑bay hangar building at Rapid City Regional Airport, separated into 3 spaces
Office space includes sectioned cubicles, kitchen, and a restroom
Smaller hangar approx 2,100 SF with a 16' x 40' hydraulic door and mezzanine storage
Larger hangar approx 2,800 SF with a 14' x 40' hydraulic door
Current ground lease through January 31, 2042
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Airplane Hangar with Runway Access
Airplane Hangar with Runway Access

7125 Parks Lane, Fort Lupton, CO 80621

$1,500,000
9,600 sqft 4.48 AC lot

Double-sided airplane hangar with runway access on 4.48 acres.

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Runway Access Land For Sale
Runway Access Land For Sale

5837 Lockheed, Loveland, CO 80538

$799,000
72,746 sqft 1.67 AC lot

1.67 acres with direct runway access at Northern Colorado Airport.

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Runway-Access Airplane Hanger Property
Runway-Access Airplane Hanger Property

7125 Parks Lane, Fort Lupton, CO 80621

$1,600,000

Double-sided airplane hanger at Platte Valley Airpark includes storage and office space connected by a breezeway.

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Aircraft Hangar with Runway Access
Aircraft Hangar with Runway Access

6345 Rockwell Ct, Loveland, CO 80538

Contact for pricing

Hangar-style units near FNL offer through-the-fence runway access and non-ground-lease availability.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Southern Black Hills Acreage Available
Southern Black Hills Acreage Available

Tr. 3 Lariat Circle, Hot Springs, SD 57747

$129,900
5.13 AC lot

Picturesque 5+ acre parcels in the Southern Black Hills.

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Residential Lots Near Vintage Airpark
Residential Lots Near Vintage Airpark

1380 Cleveland Ave, Larchwood, IA 51241

$94,000
1.70 AC lot

Residential lots near Zangger Vintage Airpark, Larchwood, Iowa.

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Residential Lots Near Vintage Airpark
Residential Lots Near Vintage Airpark

1377 Dolly Ct, Larchwood, IA 51241

$78,000
1.42 AC lot

Residential lots near Larchwood, Iowa, close to Sioux Falls.

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Residential Lots Near Vintage Airpark
Residential Lots Near Vintage Airpark

1904 Airport Road W, Larchwood, IA 51241

$73,000
1.32 AC lot

Residential lots near Zangger Vintage Airpark in Larchwood, Iowa.

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Rapid City, SD Aviation Real Estate Market Trends and Statistics

Explore 1 aviation real estate for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 5,893 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 2
Aviation real estate 1
Day care centers 1
Schools 1

Demographics Overview

Population 99K
Population Growth (5Y) +3.2%
Median Household Income $70,356
College Educated 33.1%

Taxes & Financing

Tax Rate (average for all types) 1.36%
Property Tax per SF $31.57 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pennington County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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