Rapid City, SD Commercial Real Estate for Sale

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Box Elder, SD Summerset, SD Black Hawk, SD

82 properties

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Updated: Mar 2

Rapid City Warehouses on Cambell

3418 Cambell Street, Rapid City, SD 57701

$975,000

10,840 sqft · 2.22 AC lot

Prime Rapid City location on Cambell Street with highway access and hi‑traffic location
Substantial 2.22‑acre lot with two warehouses totaling approximately 10,840 square feet
High ceilings: 18' to 27' in Building 1 and 17' in Building 2
Loading dock and multiple large overhead doors (5 at 10'x10' and 1 at 12'x10')
Includes a 456 square foot office with natural gas heating and central air

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This listing looks promising.

Here's a quick look at some key insights for

3418 Cambell Street, Rapid City, SD 57701

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Est. Cap Rate

7.7%
Above avg (5.9%)
Est. NOI

$75K
Annual
Price @ 7% Cap

$1.07M
Above asking
Property Type

Mini-Warehouse, Storage
Built 1962

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Updated: Apr 14

Multi-Tenant Office Building in Rapid City

2001 7th Street, Rapid City, SD 57701

$599,000

4,662 sqft · 0.32 AC lot

In‑place income from two existing tenants (PT‑OT and Hearing Solutions).
Recent capital improvements totaling over $139,000 including a new roof and parking lot.
Central Rapid City location near Mount Rushmore Road and St. Patrick Street.
Opportunity to increase income by leasing the vacant 720 SF suite ($1,400/month, utilities included).
Potential for owner to sign a master lease for the full property for two years.

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Rapid City Professional Office Building

625 Flormann Street, Rapid City, SD 57701

$995,000

5,527 sqft · 0.56 AC lot

Professional office building near medical corridor in Rapid City, SD.

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Rapid City Multi-Tenant Office Building

1010 9th Street, Rapid City, SD 57701

$1,090,000

7,234 sqft · 0.40 AC lot

Multi-tenant office building with income potential near Mount Rushmore.

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Remodeled Retail Space in Rapid City

12300 W Hwy 44, Rapid City, SD 57702

$549,000

3,456 sqft · 0.44 AC lot

2,136 SF remodeled retail space with additional income potential.

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Rapid City Development Opportunity

3222 Jaffa Garden Way, Rapid City, SD 57703

$610,000

4.00 AC lot

4-acre commercial/multifamily development site in established Orchard Meadows subdivision.

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Rapid City Commercial Corner Property

1585 Valley Drive, Rapid City, SD 57703

$450,000

1,920 sqft · 0.33 AC lot

Commercial property with showroom, garage, and highway frontage.

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Trailer Sales and Service Business

000 Other, Rapid City, SD 57702

$500,000

For-sale business-only trailer sales and service operation with established brands and an on-site service shop in Rapid City.

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Rapid City Industrial Warehouse Available

940 Kennel Dr, Rapid City, SD 57703

$1,575,000

13,568 sqft · 2.23 AC lot

13,568 SF industrial warehouse with office and storage.

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Rapid City Commercial Development Land

621 E Mall Drive, Rapid City, SD 57702

$1,875,885

7.23 AC lot

7.23-acre commercial development land in active retail area.

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Rapid City Warehouses on Cambell

3418 Cambell St, Rapid City, SD 57701

$975,000

10,840 sqft · 2.22 AC lot

Two warehouses totaling 10,840 SF on 2.22 acres.

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Rapid City Development Opportunity

E Anamosa Street, Rapid City, SD 57701

$2,340,000

15.34 AC lot

15.34-acre commercial land in Rapid City's retail corridor.

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Commercial Lot in Rapid City

3429 W Rapid Street, Rapid City, SD 57701

$150,000

0.30 AC lot

General commercial building lot on Rapid City's thriving west side.

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Rapid City Flex Building For Sale

1202 E St. Francis Street, Rapid City, SD 57701

$1,185,000

11,600 sqft · 0.80 AC lot

11,600 SF flex building in central Rapid City location.

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Rapid City Flex Building

1202 E St. Francis Street, Rapid City, SD 57701

$1,185,000

11,600 sqft · 0.80 AC lot

11,600 SF flex building in central Rapid City location.

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New Construction Warehouse Space Available

1931 Dyess Avenue, Rapid City, SD 57701

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4,000 sqft · 3.39 AC lot

New construction warehouse space for contractor, service, and equipment-based businesses.

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New Construction Warehouse Space Available

1931 Dyess Avenue, Rapid City, SD 57701

Contact for pricing

8,000 sqft · 3.39 AC lot

New construction warehouse space for contractor, service, and equipment-based businesses.

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Rapid City Commercial Land I-90

TBD Latrobe Avenue, Rapid City, SD 57701

$1,700,000

6.19 AC lot

Exceptional commercial land with unmatched I-90 potential in Rapid City.

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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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Prime Development Land Opportunity

TBD Elk Vale Road, Rapid City, SD 57703

$5,800,000

24.95 AC lot

High-traffic, high-visibility land for commercial development in Rapid City.

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Commercial Land in Rapid City

3429 W Rapid Street, Rapid City, SD 57701

$150,000

0.30 AC lot

General commercial building lot on Rapid City's thriving west side.

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Rapid City Industrial Facility For Sale

2340 Taggart Rd, Rapid City, SD 57701

$1,885,000

18,480 sqft

18,480 SF industrial facility with secured yard and office.

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Retail Site on Haines Avenue

2440 Haines Avenue, Rapid City, SD 57701

$220,000

0.51 AC lot

Prime retail location in Rapid City's commercial corridor.

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Versatile Commercial Property For Sale

1202 East Saint Francis Street, Rapid City, SD 57701

$1,250,000

11,600 sqft · 0.80 AC lot

11,600 SF building with office and industrial space.

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Rapid City, SD Commercial Real Estate Market Trends and Statistics

Explore 82 commercial real estate for sale in Rapid City, SD, showcased through 82 active listings on our real estate platform. These investment opportunities span a total of 425,825 square feet of properties for sale, with an estimated market value of $48,750,900.

Sale prices for business properties in Rapid City, SD start at $85,000, averaging $1,950,036, and reaching up to $9,060,000 — 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
57702	$850.6K
57701	$1.3M
57703	$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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