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    612 6Th St Rapid City, SD 57701

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    For Lease
    $24 SF/Yr ($3,310 /Mo)

    Retail and hospitality spaces in downtown entertainment district.

    Property size:
    1,655 SF
    Lot size:
    1.36 Acres

    Property Features for 612 6Th St

    General Information

    Size
    1,655 SF
    Lot size
    1.36 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

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

    Overview

    Downtown Mixed-Use Development Space

    This development is located in the heart of the downtown entertainment district, providing convenient access to various shops, establishments, and cultural attractions. The Block 5 development will feature 132 studio through two-bedroom apartments, designed for a luxurious living experience. Block 5 will also accommodate the Hyatt Place, offering 117 upscale hotel rooms across two floors. This establishment will include a lobby and 5,000 square feet of meeting space. The property includes retail space with a size of 1,655 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -103.2271563
    Latitude
    44.0796376

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    FAQs

    What type of property is this?
    Retail space - Retail and hospitality spaces in downtown entertainment district.
    Where is this retail space located?
    The property is located at 612 6Th St Rapid City, SD.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of the vibrant downtown entertainment district.; - Offers 132 luxurious studio through two-bedroom apartments.; - Includes the Hyatt Place hotel with 117 upscale rooms.
    (605) 323-2820
    Request Owner's contact information
    612 6Th St Rapid City, SD 57701
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    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
    612 6Th St Rapid City, SD 57701
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