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    Rapid City, SD

    Rapid City, SD Commercial Real Estate for Sale

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    Summerset, SD Black Hawk, SD Box Elder, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
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    Improved Five-Bay Car Wash
    Updated: Jun 15
    Improved Five-Bay Car Wash

    623 N Lacrosse, Rapid City, SD 57701

    $425,000
    3,000 sqft
    Recently improved, five‑bay car wash property operating since 1986.
    High nearby traffic counts: 19,815 on LaCrosse St. and 15,866 on E. North St.
    Property has potential to support car wash revenue based on surrounding roadway traffic.
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    This listing looks promising.

    Here's a quick look at some key insights for

    623 N Lacrosse, Rapid City, SD

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $544K
      Above asking

    • Property Type

      Car Wash
      Built 1986
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    General Commercial Land
    Updated: Aug 20
    General Commercial Land

    3429 W RAPID, Rapid City, SD 57701

    $150,000
    General commercial building lot
    3429 W RAPID, Rapid City, SD 57701
    Located in Pennington County
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    General Commercial Land
    General Commercial Land

    530 E NORTH, Rapid City, SD 57701

    $89,900

    General Commercial zoning allows potential retail, service, hospitality, and coffee uses, subject to City approval.

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    Corner Lot with Completed Parking
    Corner Lot with Completed Parking

    Outfitter Road, Rapid City, SD 57701

    $539,000
    1.77 AC lot

    Corner retail land site with completed parking on part of the lot and documented traffic counts.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Single-Tenant NNN Day Care Facility
    Single-Tenant NNN Day Care Facility

    1620 Concourse Ct, Rapid City, SD 57703

    $900,000
    4,920 sqft 0.80 AC lot

    Fully leased day care building with five care rooms, fenced outdoor play areas, and a true NNN lease structure.

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    Commercial Development Corner Lot
    Commercial Development Corner Lot

    Stumer Road, Rapid City, SD 57701

    $574,992
    1.11 AC lot

    1.11-acre corner site with General Commercial zoning for retail, restaurant, office, or service development.

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    Industrial Development Land
    Industrial Development Land

    Old Folsom Road, Rapid City, SD 57701

    $410,000
    13.32 AC lot

    Ready-to-develop industrial land with direct adjacency to a new Black Hills Industrial Center and strong truck access.

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    Brick Theater Building
    Brick Theater Building

    715 Kansas City, Rapid City, SD 57701

    $899,900
    9,936 sqft

    Stage, tiered mezzanine seating, kitchen, offices, and storage support varied venue operations.

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    Retail Storefront Property
    Retail Storefront Property

    826 MAIN ST, Rapid City, SD 57701

    $1,900,000
    12,300 sqft

    For-sale storefront retail property in Pennington County, offered with a stated size of 12,300.

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    Historic Two-Story Office Building
    Historic Two-Story Office Building

    728 6th St, Rapid City, SD 57701

    $735,000
    5,896 sqft

    Two-story office building with original wood finishes, leaded-glass transom windows, and an unfinished basement for storage.

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    Victorian-Style Corner Office Building
    Victorian-Style Corner Office Building

    730 South St, Rapid City, SD 57701

    $575,000
    3,752 sqft

    Victorian office building with three finished levels, dedicated staircase, and off-street parking.

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    Multi-Use Downtown Commercial Building
    Multi-Use Downtown Commercial Building

    406 5th St, Rapid City, SD 57701

    $1,399,900
    13,197 sqft

    Multi-tenant downtown property on 5th St with strong daily traffic and flexible space for restaurants, retail, office, or entertainment.

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    Assisted Living Facility For Sale
    Assisted Living Facility For Sale

    409 East Fairlane Drive, Rapid City, SD 57701

    $1,500,000
    44,150 sqft 1.91 AC lot

    Assisted living facility with expansion potential in Rapid City, SD.

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    Renovated Mixed-Use Commercial Building
    Renovated Mixed-Use Commercial Building

    412 Oshkosh, Rapid City, SD 57701

    $3,000,000
    11,547 sqft

    Four businesses occupy a renovated commercial building with private, fenced parking.

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    Warehouse For Sale
    Warehouse For Sale

    2226 MARLIN DR, Rapid City, SD 57703

    $250,000
    1,350 sqft

    Warehouse property for sale in Pennington County, offering approximately 1,350 square feet of commercial space.

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    Turnkey Restaurant Building with Parking
    Turnkey Restaurant Building with Parking

    2315 MT RUSHMORE RD, Rapid City, SD 57701

    Contact for pricing
    11,085 sqft

    Turnkey full-service restaurant building with commercial kitchen, bar, dining, bakery production, and paved parking.

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    Rapid City Assisted Living Facility
    Rapid City Assisted Living Facility

    1321 Columbus Street, Rapid City, SD 57701

    $5,000,000
    21,895 sqft 1.64 AC lot

    48-bed assisted living facility in Rapid City, South Dakota.

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    Retail Building Ready for Tenancy
    Retail Building Ready for Tenancy

    114 East Blvd N, Rapid City, SD 57701

    $275,000
    5,000 sqft

    Former Chris Supply building offers remodeled restrooms, updated security/fire alarm, and updated parking.

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    Multi-Tenant Flex Business Park
    Multi-Tenant Flex Business Park

    5626 Fargo Ln, Rapid City, SD

    $3,249,000
    17,400 sqft

    Conventional construction, heated zero-entry entrances, rear access, and separate utility metering support practical commercial operations.

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    Historic Office Building with Upstairs Suite
    Historic Office Building with Upstairs Suite

    1204 Mt Rushmore Rd, Rapid City, SD 57701

    $284,900
    1,440 sqft

    A 1,440 SF office building with main-level office and meeting space, plus an upstairs area with its own full bath.

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    Office Building with Parking
    Office Building with Parking

    550 N FIFTH ST, Rapid City, SD 57701

    Contact for pricing
    13,232 sqft

    Office building offers 58 suites, 2 conference rooms, and 60 onsite parking spaces, with monitored security and alarms.

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    Rapid City Warehouses on Cambell
    Rapid City Warehouses on Cambell

    3418 Cambell St, Rapid City, SD 57701

    Contact for pricing
    10,840 sqft 2.22 AC lot

    Two warehouses totaling 10,840 SF on 2.22 acres.

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    Rapid City Commercial Property
    Rapid City Commercial Property

    544 CENTURY RD, Rapid City, SD 57703

    $1,845,000
    15,874 sqft

    Commercial property available for sale in Rapid City, South Dakota.

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    Industrial Warehouse with Office Space
    Industrial Warehouse with Office Space

    940 Kennel Dr, Rapid City, SD 57703

    $1,575,000
    13,568 sqft 2.23 AC lot

    Industrial warehouse with multiple loading options, office build-out, and exterior storage for flexible manufacturing use.

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    Rapid City, SD Commercial Real Estate Market Trends and Statistics

    Explore 91 commercial real estate for sale in Rapid City, SD, showcased through 91 active listings on our real estate platform. These investment opportunities span a total of 525,388 square feet of properties for sale, with an estimated market value of $44,271,163.

    Sale prices for business properties in Rapid City, SD start at $69,900, averaging $983,803, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57703 $635.2K
    57701 $1.3M
    57702 $1.6M

    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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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57703
    • 57702

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