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    3425 N Fairgrounds Loop Spearfish, SD 57783

    For Lease
    $1,500 /Mo ($20 SF/Yr)

    Leasehold-Land/Bldg/Both - Spearfish, SD

    Property size:
    900 SF
    Days on Market:
    29
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 3425 N Fairgrounds Loop

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Assigned, Paved or Surfaced
    Interior features
    High Visibility
    Exterior features
    Highway Access
    Size
    900 SF

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Architectural style
    Other

    Great Peaks Realty Munro & Gran LLC (605) 209-2052 [email protected]

    Listing agent Brandon Harvey (605) 717-7325

    Listing date Nov 7, 2025

    MLS# 86635 Listing URL

    Copyright © 2025 Mt. Rushmore Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spearfish Shop Space For Lease

    Shop space is available immediately for lease, located just off exit 8 with frontage and visibility from I-90. The space offers approximately 900 square feet of finished area, including a half bath and front office space. An overhead garage door measures 12' wide by 8' high. The shop includes a hot and cold-water spigot. The lease is $1500 per month with a one-year minimum, plus electric, which has averaged around $125 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pedersen Excavating Excavating Contractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spearfish
    County
    Lawrence
    State
    South Dakota
    Longitude
    -103.88843
    Latitude
    44.520929

    Nearby Similar for Lease

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    • $10,754 /Mo
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      Spearfish Retail Space For Rent

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    • $1.00 SF/Yr

      Spearfish Flex Space For Lease

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      The Point on Main Street

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    FAQs

    What type of property is this?
    Retail space - 900 SF shop space available for lease in Spearfish.
    Where is this retail space located?
    The property is located at 3425 N Fairgrounds Loop Spearfish, SD.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High visibility with I-90 frontage.; - Immediate availability for lease.; - Approximately 900 sq ft of finished space.
    (605) 717-7325
    Request Owner's contact information
    3425 N Fairgrounds Loop Spearfish, SD 57783
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3425 N Fairgrounds Loop Spearfish, SD 57783
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