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    940 Kennel Dr Rapid City, SD 57703

    For Lease
    $1.00 SF/Yr ($1,130 /Mo)

    Leasehold-Land/Bldg/Both - Rapid City, SD

    Property size:
    13,568 SF
    Lot size:
    2.23 Acres
    Days on Market:
    42
    Last Refresh:
    Dec 11 at 7:06 pm

    Property Features for 940 Kennel Dr

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot, Paved or Surfaced
    Size
    13,568 SF
    Lot size
    2.23 Acres

    Utilities

    Heating system
    Electric (Heating), Radiant, Radiant Floor

    Building Details

    Year built
    1995
    Floors in Building
    1
    Architectural style
    Other

    Keller Williams Realty Black Hills (605) 343-7500 [email protected]

    Listing agent Christopher Long (605) 343-7500

    Listing date Oct 31, 2025

    MLS# 86563 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

    Industrial Warehouse Near Highway 44

    This 13,568 SF industrial warehouse is located just off Highway 44 near Western Dakota Tech, offering access to Elk Vale Road/Hwy 16 Bypass and Campbell Street/Hwy 79. The property, previously used by US Foods and most recently for wine production, includes infrastructure to support large refrigeration bays. The building features 10,400 SF of warehouse space with five exterior loading docks—four 9'x8' with bumpers and one 9'x10'—and an 8'x10' drive-in overhead door. Additionally, there is 3,168 SF of finished office space, which includes a conference room, break area, lab, locker room, and open work area. Situated on a 2.23-acre lot with ample outdoor storage, the property also includes 3-phase power with an 800-amp panel, making it suitable as a manufacturing facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Daycare Center

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

    Similar Places Nearby

    Dakota Warehouse, Extra Storage, Westar Storage LLC, Sto-N-Go Storage Units, Mini Stor All

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.183742
    Latitude
    44.076114

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    FAQs

    What type of property is this?
    Warehouse - 13,568 SF industrial warehouse with ample outdoor storage.
    Where is this warehouse located?
    The property is located at 940 Kennel Dr Rapid City, SD.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: - Excellent access to Hwy 44, Elk Vale Road/Hwy 16 Bypass, and Campbell Street/Hwy 79.; - 10,400 SF of warehouse space featuring five exterior loading docks and one drive-in overhead door.; - 3,168 SF of finished office space including a conference room, break area, lab, locker room, and open work area.
    (605) 343-7500
    Request Owner's contact information
    940 Kennel Dr Rapid City, SD 57703
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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
    940 Kennel Dr Rapid City, SD 57703
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