Rapid City, SD
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    Rapid City, SD Healthcare Properties for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    Assisted Living Facility For Sale
    $1,500,000
    44,150 SF
    Assisted Living Facility For Sale

    409 East Fairlane Drive, Rapid City, SD 57701

    Assisted living facility with expansion potential in Rapid City, SD.
    • 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.
    Updated: Mar 25
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    Rapid City Assisted Living Facility
    $5,000,000
    21,895 SF
    Rapid City Assisted Living Facility

    1321 Columbus Street, Rapid City, SD 57701

    48-bed assisted living facility in Rapid City, South Dakota.
    • Well‑designed single‑story facility with 48 identical beds and in‑suite bathrooms.
    • Located in Rapid City, the second most populous city in South Dakota.
    • Sits on 1.64 acres with area for expansion.
    • Three‑wing facility centered by common area, dining, and kitchen.
    • Onsite amenities include laundry and a hair salon.
    Updated: Mar 25
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    Black Hills Landmark Property
    $7,000,000
    16,353 SF
    Black Hills Landmark Property

    80+ acres with architecturally designed structures in great condition.

    24100 S. Rockerville Road, Rapid City, SD 57701

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    Based on your search, we've compiled 80 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, 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.

    Turn-Key Tanning Salon Business
    $450,000
    3,293 SF
    Turn-Key Tanning Salon Business

    Operating tanning salon with extensive bed inventory, UV-free red light therapy, and a new spray booth.

    1900 CONVERSE AVE, Cheyenne, WY 82001

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    Cheyenne Medical/Professional Office Condo
    $400,000
    1,250 SF
    Cheyenne Medical/Professional Office Condo

    Affordable 1,250 SF commercial condo in College Business Park.

    4100 LARAMIE ST, Cheyenne, WY 82001

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    Turnkey Medical Facility in Casper
    Contact for pricing
    13,064 SF
    Turnkey Medical Facility in Casper

    13,064 SF medical facility on 2.08 acres for sale.

    733 Landmark Dr, Casper, WY 82609

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    Skyline Towers Senior Housing Community
    Contact for pricing
    72,221 SF
    Skyline Towers Senior Housing Community

    Eleven-story high-rise in downtown Casper with 100 residential units.

    300 E Collins Dr, Casper, WY 82601

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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.

    Vacant Land Near Hospital
    $125,000
    2.34 Acres
    Vacant Land Near Hospital

    2.34 acre vacant land suitable for medical purposes.

    Lot 2 FSB Cornhusker Subdivision, Ogallala, NE 69153

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    Sterling Commercial Land For Sale
    $750,000
    3.97 Acres
    Sterling Commercial Land For Sale

    3.97 acre commercial land in Sterling, Colorado.

    777 N 4th Street, Sterling, CO 80751

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    Longmont Infill Development Opportunity
    $4,950,000
    8.85 Acres
    Longmont Infill Development Opportunity

    Premier infill development site in Longmont, Colorado.

    2735 Mountain Brook Dr, Longmont, CO 80503

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    Commercial Pads For Sale
    Contact for pricing
    22.00 Acres
    Commercial Pads For Sale

    Commercial land available in high-traffic Parker Road corridor.

    19310 Stroh Rd, Parker, CO 80134

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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
    4,702 SF Lot: 0.16 Acres
    Value Estimation by Request

    716 Quincy St, Rapid City, SD 57701-4084

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    5615 Nugget Gulch Rd
    DENTAL BUILDING
    4,906 SF Lot: 4.33 Acres
    Estimated value
    $575,000

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

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    1687 Tablerock Rd
    DENTAL BUILDING
    3,897 SF Lot: 2.33 Acres
    Value Estimation by Request

    1687 Tablerock Rd, Rapid City, SD 57701-5495

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    301 Fox Run Dr
    HOMES (RETIRED, NURSING)
    13,311 SF Lot: 1.10 Acres
    Value Estimation by Request

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

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    2020 Jackson Blvd
    MEDICAL BUILDING
    6,480 SF Lot: 0.65 Acres
    Value Estimation by Request

    2020 Jackson Blvd, Rapid City, SD 57702-3484

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    4110 Winfield Ct
    HOMES (RETIRED, NURSING)
    6,912 SF Lot: 0.67 Acres
    Value Estimation by Request

    4110 Winfield Ct, Rapid City, SD 57701-8306

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    101 Minnesota St
    MEDICAL BUILDING
    18,292 SF Lot: 1.66 Acres
    Estimated value
    $765,000

    101 Minnesota St, Rapid City, SD 57701-7756

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    3006 Tower Rd
    MEDICAL BUILDING
    6,190 SF Lot: 2.00 Acres
    Value Estimation by Request

    3006 Tower Rd, Rapid City, SD 57701-5392

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    3808 Sheridan Lk Rd
    MEDICAL BUILDING
    8,213 SF Lot: 2.30 Acres
    Value Estimation by Request

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

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    720 Saint Anne St
    MEDICAL BUILDING
    2,221 SF Lot: 0.48 Acres
    Value Estimation by Request

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

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    3712 Cyn Lk Dr
    MEDICAL BUILDING
    1,868 SF Lot: 0.69 Acres
    Value Estimation by Request

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

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    2303 Michigan Ave
    HOMES (RETIRED, NURSING)
    4,872 SF Lot: 0.56 Acres
    Value Estimation by Request

    2303 Michigan Ave, Rapid City, SD 57701-5655

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    241 Minnesota St
    MEDICAL BUILDING
    9,648 SF Lot: 1.60 Acres
    Estimated value
    $590,000

    241 Minnesota St, Rapid City, SD 57701-6219

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    3615 5th St
    MEDICAL BUILDING
    10,505 SF Lot: 1.33 Acres
    Value Estimation by Request

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

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    522 7Th St
    Coworking space
    Value Estimation by Request

    522 7Th St, Rapid City, SD 57701

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    522 7Th St
    Office Units
    Lot: 0.26 Acres
    Value Estimation by Request

    522 7Th St, Rapid City, SD 57701

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    522 7Th St
    Office Units
    Lot: 0.26 Acres
    Value Estimation by Request

    522 7Th St, Rapid City, SD 57701

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    314 Wright St
    HOMES (RETIRED, NURSING)
    5,200 SF Lot: 0.53 Acres
    Value Estimation by Request

    314 Wright St, Rapid City, SD 57701-0619

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    2000 Wesleyan Blvd
    HOMES (RETIRED, NURSING)
    48,786 SF Lot: 5.00 Acres
    Estimated value
    $905,000

    2000 Wesleyan Blvd, Rapid City, SD 57702-9340

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    330 Stumer Rd
    MEDICAL BUILDING
    6,656 SF Lot: 0.88 Acres
    Value Estimation by Request

    330 Stumer Rd, Rapid City, SD 57701-6406

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    5430 Sheridan Lk Rd
    MEDICAL BUILDING
    6,604 SF Lot: 1.14 Acres
    Estimated value
    $775,000

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

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    Rapid City, SD Healthcare Properties Investment Opportunities Market Analysis

    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 82,398 square feet of properties for sale, with an estimated market value of $13,500,000.

    Sale prices for medical real estate in Rapid City, SD start at $1,500,000, averaging $4,500,000, and reaching up to $7,000,000 — 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
    Senior Housing / Retirement Homes 1
    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 $4.5M

    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 10,000 to 25,000 square foot range.

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