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    Rapid City, SD
    Hospitality

    Rapid City, SD Hospitality Properties for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Commercial Hotel Property
    Updated: Apr 11
    Commercial Hotel Property

    2215 Mt Rushmore Rd, Rapid City, SD 57701

    Contact for pricing
    Hotel property for sale at 2215 Mt Rushmore Rd in Rapid City
    Lodging demand supported by major regional attractions mentioned in the listing
    View details
    Commercial Parcel Near Rushmore Crossing
    Updated: Mar 7, 2022
    Commercial Parcel Near Rushmore Crossing

    1424 Luna Ave, Rapid City, SD 57701

    $799,000
    3.50 AC lot
    Located in a high‑traffic area behind Sam's Club and next to Staybridge Suites and Pizza Ranch.
    Neighbors the Rushmore Crossing shopping complex, which is 90% occupied.
    A new retail strip center is being built next door.
    Suitable for retail, office, or lodging ventures.
    Part of a buzzing retail, hospitality, and restaurant district.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 69 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Turnkey Resort with Coffee Shop
    Turnkey Resort with Coffee Shop

    24063 Highway 385, Hill City, SD 57745

    $1,550,000
    2,736 sqft 5.06 AC lot

    Successful resort and coffee shop near Hill City, South Dakota.

    View details
    57-Key Hospitality Motel
    57-Key Hospitality Motel

    109 Main Street, Hill City, SD 57745

    Contact for pricing
    19,520 sqft

    For sale hospitality property featuring 57 keys at 109 Main Street in Hill City, South Dakota.

    View details
    Super 8 Sturgis For Sale
    Super 8 Sturgis For Sale

    2600 Whitewood Service Road, Sturgis, SD 57785

    Contact for pricing
    24,471 sqft

    Cash-flowing hospitality asset in high-demand Black Hills tourism corridor.

    View details
    Deadwood Cabins Investment Opportunity
    Deadwood Cabins Investment Opportunity

    20824 Majestic Hts Rd, Sturgis, SD 57785

    Contact for pricing

    Three fully furnished cabins near Deadwood, ideal vacation rentals.

    View details

    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.

    Rapid City Commercial Development Land
    Rapid City Commercial Development Land

    621 E Mall Dr, Rapid City, SD 57701

    $1,875,885
    7.23 AC lot

    7.23-acre commercial development land with utilities in active retail area.

    View details
    Keystone Land Bordering Forest Service
    Keystone Land Bordering Forest Service

    Old Hill City Road lot: 4, Keystone, SD 57751

    $349,900
    10.30 AC lot

    10+ acres near Mount Rushmore with no covenants!

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    Keystone Acreage Bordering Forest Service
    Keystone Acreage Bordering Forest Service

    Old Hill City Road lot: 3, Keystone, SD 57751

    $446,100
    14.87 AC lot

    14.87 acres near Mount Rushmore with no covenants!

    View details
    Residential Land Near Deadwood
    Residential Land Near Deadwood

    Mattson Lane lot: 9, Sturgis, SD 57785

    $289,000
    3.79 AC lot

    3.79-acre build site near Deadwood and Sturgis.

    View details

    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.

    617 En St
    MOTEL

    617 En St, Rapid City, SD 57701

    Value Estimation by Request
    3,264 sqft 0.41 AC lot
    View details
    1612 Discovery Cir
    MOTEL

    1612 Discovery Cir, Rapid City, SD 57701-7940

    $590,000
    Estimated value
    9,839 sqft 2.06 AC lot
    View details
    815 Mall Dr
    HOTEL

    815 Mall Dr, Rapid City, SD 57701-7871

    $1,360,000
    Estimated value
    20,988 sqft 4.13 AC lot
    View details
    Gill Ave
    MOTEL

    Gill Ave, Rapid City, SD 57702

    Value Estimation by Request
    1,056 sqft 0.10 AC lot
    View details
    3321 Outfitter Rd
    MOTEL

    3321 Outfitter Rd, Rapid City, SD 57701-7937

    $815,000
    Estimated value
    12,744 sqft 2.79 AC lot
    View details
    4080 Tower Rd
    MOTEL

    4080 Tower Rd, Rapid City, SD 57701-5391

    Value Estimation by Request
    9,804 sqft 2.18 AC lot
    View details
    23204 Summer Creek Dr
    Hospitality properties

    23204 Summer Creek Dr, Rapid City, SD 57702

    Value Estimation by Request
    9,863 sqft 1.84 AC lot
    View details
    Marlin Dr
    Multifamily properties

    0 Marlin Dr, Rapid City, SD 57703

    Value Estimation by Request
    3.11 AC lot
    View details
    513 Watertown St
    MOTEL

    513 Watertown St, Rapid City, SD 57701

    Value Estimation by Request
    1,496 sqft 0.19 AC lot
    View details
    2520 Tower Rd
    MOTEL

    2520 Tower Rd, Rapid City, SD 57701-5491

    Value Estimation by Request
    3,741 sqft 0.40 AC lot
    View details
    2520 Tower Rd
    MOTEL

    2520 Tower Rd, Rapid City, SD 57701-5491

    $530,000
    Estimated value
    8,800 sqft 0.88 AC lot
    View details
    3737 Sturgis Rd
    MOTEL

    3737 Sturgis Rd, Rapid City, SD 57702-0394

    Value Estimation by Request
    7,339 sqft 0.79 AC lot
    View details
    4504 Shr Dr
    MOTEL

    4504 Shr Dr, Rapid City, SD 57702-4900

    Value Estimation by Request
    4,822 sqft 0.27 AC lot
    View details
    210 Saint Joseph St
    MOTEL

    210 Saint Joseph St, Rapid City, SD 57701-2827

    Value Estimation by Request
    5,717 sqft 0.64 AC lot
    View details
    1632 Rapp St
    MOTEL

    1632 Rapp St, Rapid City, SD 57701-6968

    $825,000
    Estimated value
    15,573 sqft 1.65 AC lot
    View details
    23776 Pne Hvn Dr
    MOTEL

    23776 Pne Hvn Dr, Rapid City, SD 57702-7407

    Value Estimation by Request
    8,785 sqft 3.41 AC lot
    View details
    3333 Outfitter Rd
    HOTEL

    3333 Outfitter Rd, Rapid City, SD 57701-7937

    $915,000
    Estimated value
    16,387 sqft 2.49 AC lot
    View details
    525 Omaha St
    MOTEL

    525 Omaha St, Rapid City, SD 57701-3087

    Value Estimation by Request
    2,080 sqft 0.48 AC lot
    View details
    2505 Mt Rushmore Rd
    MOTEL

    2505 Mt Rushmore Rd, Rapid City, SD 57701-5340

    Value Estimation by Request
    8,548 sqft 5.45 AC lot
    View details
    2401 Mt Rushmore Rd
    MOTEL

    2401 Mt Rushmore Rd, Rapid City, SD 57701-5386

    Value Estimation by Request
    11,097 sqft 1.37 AC lot
    View details
    2215 Mt Rushmore Rd
    MOTEL

    2215 Mt Rushmore Rd, Rapid City, SD 57701-5311

    Value Estimation by Request
    6,466 sqft 0.62 AC lot
    View details
    445 Mt Rushmore Rd
    HOTEL

    445 Mt Rushmore Rd, Rapid City, SD 57701-2754

    $810,000
    Estimated value
    14,360 sqft 2.07 AC lot
    View details

    Rapid City, SD Hospitality Properties Market Trends and Statistics

    Explore 61 hospitality properties for sale in Rapid City, SD on our real estate platform.

    Sale prices for hospitality properties in Rapid City, SD average $799,000 — 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

    Hotels 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 $799K

    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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