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    Rapid City, SD
    Flex Space

    Rapid City, SD Flex Space for Sale

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    Aberdeen, SD Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Sturgis, SD Hermosa, SD
    8 properties
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    Flex Space with Secure Yard
    Updated: Aug 27
    Flex Space with Secure Yard

    1711 Centre St, Rapid City, SD 57703

    $2,200,000
    6,638 sqft 4.37 AC lot
    4.37‑acre property arranged as three separate plated parcels
    Light Industrial zoning
    Heated warehouse, shop, and garage areas
    Office areas, restrooms, and mezzanine breakroom renovated in early 2026
    Large gravel parking and staging area with partial fencing
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    Flex Property with Fenced Yard
    Updated: Oct 16
    Flex Property with Fenced Yard

    4404 Universal Dr., Rapid City, SD 57702

    $1,125,000
    9,273 sqft 3.51 AC lot
    Three buildings totaling 9,273 SF on 3.51 acres
    Light Industrial zoning in northwest Rapid City
    Main building includes six private offices and two reception areas
    Workshop has four 14' x 14' overhead doors, including a drive‑through bay, and 15' ceilings
    Heated, insulated garage has two work bays, 14' x 14' overhead doors, and a standalone loading dock
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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    502 Herman St, Rapid City, SD 57701

    $985,000
    8,960 sqft

    Existing office area, secured outdoor space, and adaptable industrial functionality support a range of commercial operations.

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    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Flex Space with Loading Dock
    Flex Space with Loading Dock

    3104 W Saint Louis St, Rapid City, SD 57702

    $795,000
    6,733 sqft

    Showroom and office areas complement a heated warehouse, with additional upstairs workspace and a loading dock.

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    Flex Space with Heated Shop
    Flex Space with Heated Shop

    504 E North, Rapid City, SD 57701

    $360,000
    1,809 sqft

    A private office and restroom accompany the heated shop and secure outdoor storage area.

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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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Flex Building with Garage Space
    Flex Building with Garage Space

    2911 W Omaha St, Rapid City, SD 57702

    $299,900

    Front reception and rear work areas create a practical layout for automotive, service, or specialty trade operations.

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    New Construction Warehouse Bays
    New Construction Warehouse Bays

    1931 Dyess Ave, Rapid City, SD 57701

    Contact for pricing

    Flexible industrial space combines open shop areas with private office and restroom improvements.

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    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 8 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Flex Space with Upper-Level Storage
    Flex Space with Upper-Level Storage

    6512 Custer St, Black Hawk, SD 57718

    $260,000
    1,760 sqft

    An upper floor adds storage capacity, with access limited by the stairway and its entrance.

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    Fenced Industrial Warehouse
    Fenced Industrial Warehouse

    11835 Quaal Rd, Black Hawk, SD 55718

    Contact for pricing
    19,000 sqft 2.00 AC lot

    Fenced and gated facility with warehouse, office, showroom, garage, and secure outdoor storage capabilities.

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    Flexible Commercial Space
    Flexible Commercial Space

    2221 Lazelle St, Sturgis, SD 57785

    $599,000

    Reception-oriented layout with office areas, a tiled main entry, restroom, and substantial asphalt parking.

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    Metal Shop Building with Development Land
    Metal Shop Building with Development Land

    2114 E Ida St, Sturgis, SD 57785

    $259,900
    1,800 sqft

    A 36x50 metal shop with heated finished area and 1/2 bath, plus room for additional development.

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    Off-Market Properties in Rapid City, SD

    Consider similar Off-Market properties in Rapid City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4451 Seger Dr
    Flex space

    4451 Seger Dr, Rapid City, SD 57701

    Estimated value: by Request
    4.68 AC lot
    View details

    Rapid City, SD Flex Space Market Trends and Statistics

    Explore 9 flex space for sale in Rapid City, SD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 44,960 square feet of properties for sale, with an estimated market value of $8,764,900.

    Sale prices for business spaces in Rapid City, SD start at $299,900, averaging $1,252,128, and reaching up to $3,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 15
    Distribution centers 3
    Manufacturing properties 3

    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 $299.9K
    57701 $1.9M
    57703 $2.2M

    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%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    • 57702
    • 57703
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