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    4551 Seger Dr Rapid City, SD 57701

    For Lease
    $11 SF/Yr ($3,450 /Mo)

    Shop condominiums with easy I-90 access, estimated completion October 2024.

    Property size:
    3,600 SF
    Lot size:
    155.75 Acres

    Property Features for 4551 Seger Dr

    General Information

    Size
    3,600 SF
    Lot size
    155.75 Acres

    Source: KW Black Hills Agent Dan Logan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Shop Condominiums For Rent

    Premier shop condominiums are under construction in a newly developed subdivision outside Rapid City, with estimated completion in October 2024. The first available units will be in building #1. The property offers convenient access to I-90 and is equipped with amenities. Plans include spaces ranging from 1,200 to 3,600 square feet. Features consist of 16'x14' and 14x14' overhead doors, floor drains, private office/restrooms, and secured outdoor storage for some units.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Pharmacy Department Store Skin Care Clinic Food Market Spa & Massage Garden Center Electrical Service Gym & Fitness Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.1559401
    Latitude
    44.1091293

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    FAQs

    What type of property is this?
    Flex space - Shop condominiums with easy I-90 access, estimated completion October 2024.
    Where is this flex space located?
    The property is located at 4551 Seger Dr Rapid City, SD.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-90; - Units range from 1,200sf to 3,600sf; - Estimated completion in October 2024
    (605) 343-7500
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    4551 Seger Dr Rapid City, SD 57701
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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
    4551 Seger Dr Rapid City, SD 57701
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