Health Care

Rapid City, SD Healthcare Properties for Sale

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Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Hermosa, SD Silver City, SD Hill City, SD
Medical Office with Private Rooms
Updated: Oct 2
Medical Office with Private Rooms

331 Knollwood Dr, Rapid City, SD 57701

$770,000
3,440 sqft 0.52 AC lot
3,440‑square‑foot building on 0.52 acres
19 paved on‑site parking spaces
Multiple private rooms with built‑in cabinetry and counter space
320‑amp main electrical service
Illuminated sign visible from I‑90; corridor traffic count is 38,599 vehicles per day (2025 Rapid City Traffic Count)
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Assisted Living Facility For Sale
Updated: Mar 25
Assisted Living Facility For Sale

409 East Fairlane Drive, Rapid City, SD 57701

$1,500,000
44,150 sqft 1.91 AC lot
Set up as an assisted living facility with 64 beds, offering immediate operational potential.
Four separate buildings on 3 acres allow for diverse patient populations and potential expansion.
Multiple amenities including community living spaces, activity rooms, hair salon, and laundry facilities.
Located in Rapid City, the second most populous city in South Dakota.
Designed with a mix of single and dual‑occupancy bed options.
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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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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
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Local Demand available after sign in
Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

Medical Office with Therapy Rooms
Medical Office with Therapy Rooms

322 MAIN ST, Pine Bluffs, WY 82082

$299,000
2,625 sqft 0.16 AC lot

The interior has three treatment rooms, a private office, a kitchen, and a large gym area.

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Medical Office with Therapy Gym
Medical Office with Therapy Gym

322 Main St, Pine Bluffs, WY 82082

$299,000
2,625 sqft

A clinic-style layout combines treatment rooms, office space and a substantial area for therapy activities.

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Two-Suite Salon Property
Two-Suite Salon Property

1449 & 1451 McKinley, Casper, WY 82601

$225,000
1,360 sqft 0.12 AC lot

Two separately addressed spaces include an active salon setup and plumbing, laundry, and restroom features in the second suite.

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Rehabilitation Center with Private Offices
Rehabilitation Center with Private Offices

915 S McKinley, Casper, WY 82601

$848,000

R-2 zoning includes several permitted uses, while an existing conditional-use permit covers a daytime therapeutic activity center.

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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.

716 Quincy St
DENTAL BUILDING

716 Quincy St, Rapid City, SD 57701-4084

Estimated value:
$255,000
4,702 sqft 0.16 AC lot
View details
5615 Nugget Gulch Rd
DENTAL BUILDING

5615 Nugget Gulch Rd, Rapid City, SD 57702-8349

Estimated value:
$575,000
4,906 sqft 4.33 AC lot
View details
1687 Tablerock Rd
DENTAL BUILDING

1687 Tablerock Rd, Rapid City, SD 57701-5495

Estimated value:
$325,000
3,897 sqft 2.33 AC lot
View details
301 Fox Run Dr
HOMES (RETIRED, NURSING)

301 Fox Run Dr, Rapid City, SD 57701-2313

Estimated value:
$335,000
13,311 sqft 1.10 AC lot
View details
2020 Jackson Blvd
MEDICAL BUILDING

2020 Jackson Blvd, Rapid City, SD 57702-3484

Estimated value:
$420,000
6,480 sqft 0.65 AC lot
View details
4110 Winfield Ct
HOMES (RETIRED, NURSING)

4110 Winfield Ct, Rapid City, SD 57701-8306

Estimated value:
$300,000
6,912 sqft 0.67 AC lot
View details
101 Minnesota St
MEDICAL BUILDING

101 Minnesota St, Rapid City, SD 57701-7756

Estimated value:
$765,000
18,292 sqft 1.66 AC lot
View details
3006 Tower Rd
MEDICAL BUILDING

3006 Tower Rd, Rapid City, SD 57701-5392

Estimated value:
$385,000
6,190 sqft 2.00 AC lot
View details
3808 Sheridan Lk Rd
MEDICAL BUILDING

3808 Sheridan Lk Rd, Rapid City, SD 57702-5382

Estimated value:
$455,000
8,213 sqft 2.30 AC lot
View details
720 Saint Anne St
MEDICAL BUILDING

720 Saint Anne St, Rapid City, SD 57701-4670

Estimated value:
$295,000
2,221 sqft 0.48 AC lot
View details
3712 Cyn Lk Dr
MEDICAL BUILDING

3712 Cyn Lk Dr, Rapid City, SD 57702-3198

Estimated value:
$305,000
1,868 sqft 0.69 AC lot
View details
2303 Michigan Ave
HOMES (RETIRED, NURSING)

2303 Michigan Ave, Rapid City, SD 57701-5655

Estimated value:
$295,000
4,872 sqft 0.56 AC lot
View details
241 Minnesota St
MEDICAL BUILDING

241 Minnesota St, Rapid City, SD 57701-6219

Estimated value:
$590,000
9,648 sqft 1.60 AC lot
View details
3615 5th St
MEDICAL BUILDING

3615 5th St, Rapid City, SD 57701-6014

Estimated value:
$380,000
10,505 sqft 1.33 AC lot
View details
522 7Th St
Office Units

522 7Th St, Rapid City, SD 57701

Estimated value: by Request
0.26 AC lot
View details
522 7Th St
Office Units

522 7Th St, Rapid City, SD 57701

Estimated value: by Request
0.26 AC lot
View details
314 Wright St
HOMES (RETIRED, NURSING)

314 Wright St, Rapid City, SD 57701-0619

Estimated value:
$295,000
5,200 sqft 0.53 AC lot
View details
2000 Wesleyan Blvd
HOMES (RETIRED, NURSING)

2000 Wesleyan Blvd, Rapid City, SD 57702-9340

Estimated value:
$905,000
48,786 sqft 5.00 AC lot
View details
330 Stumer Rd
MEDICAL BUILDING

330 Stumer Rd, Rapid City, SD 57701-6406

Estimated value:
$365,000
6,656 sqft 0.88 AC lot
View details
5430 Sheridan Lk Rd
MEDICAL BUILDING

5430 Sheridan Lk Rd, Rapid City, SD 57702-9208

Estimated value:
$775,000
6,604 sqft 1.14 AC lot
View details

Rapid City, SD Healthcare Properties Market Trends and Statistics

Explore 72 healthcare properties for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 69,485 square feet of properties for sale, with an estimated market value of $7,270,000.

Sale prices for medical real estate in Rapid City, SD start at $770,000, averaging $2,423,333, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Assisted living facilities 2
Spa & wellness properties 1

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
57701 $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)

Property Size Breakdown

The majority of commercial real estate listings in Rapid City fall within the 10,000 to 25,000 square foot range.

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