Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1802 Elm Ave Rapid City, SD 57701

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $16 SF/Yr ($2,249 /Mo)

    1,440 SF flex building with additional 240 SF space.

    Property size:
    1,680 SF
    Lot size:
    0.48 Acres

    Property Features for 1802 Elm Ave

    General Information

    Size
    1,680 SF
    Lot size
    0.48 Acres

    Source: KW Black Hills Agent Gina Plooster

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

    Overview

    Versatile Flex Building for Lease

    A 1,440 square foot flex building is available for lease, suitable for office or retail use. The current office layout can be modified to accommodate various uses such as fitness, therapy, or a boutique. Additionally, a separate 240 square foot building on the northeast corner of the lot is functional as a small office or storage space, offering potential subleasing opportunities. The property includes a fully fenced outside storage area behind the building. Ample parking is available, and large signage provides visibility from St Pat and Elm Avenue. The property is zoned Neighborhood Commercial District.
    Insight Report Location Intelligence

    Current Use by Public Records

    All Weather Roofing Roofing Contractor

    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
    -103.211329
    Latitude
    44.068352

    Nearby Similar for Lease

    • $1.00 SF/Yr
      5,600 SF

      Class A Office Space

      Move-in ready office space on Mt Rushmore Road.
      1220 Mt. Rushmore Rd, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      182,081 SF

      Rapid City Retail/Warehouse Space

      Corner suite with retail showroom and expansive warehouse space.
      2255 Haines Ave, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      2,634 SF

      Creekside Professional Office Space

      Office space in well-maintained business park near amenities.
      2620 Jackson Blvd, Rapid City, SD 57702
      View Details
    • $1.00 SF/Yr
      477,853 SF

      Class A Retail Suite

      Remodeled retail suite with high traffic and ample parking.
      36 E Stumer Rd, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      2,160 SF

      Rapid City Warehouse Storage Space

      2,160 SF shop or warehouse space for lease.
      2050 N Deadwood Ave, Rapid City, SD 57702
      View Details
    • $1.00 SF/Yr
      4,800 SF

      Rapid City Shop Space For Lease

      4800 sq ft shop space with high clearance and heated.
      2044 N Deadwood Ave, Rapid City, SD 57702
      View Details

    FAQs

    What type of property is this?
    Office space - 1,440 SF flex building with additional 240 SF space.
    Where is this office space located?
    The property is located at 1802 Elm Ave Rapid City, SD.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - 1,440 SF flex building suitable for office or retail use.; - Separate 240 SF building ideal for office, storage, or sublease.; - **High visibility with large signage on St Pat & Elm Ave.**
    (605) 519-0749
    Request Owner's contact information
    1802 Elm Ave Rapid City, SD 57701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1802 Elm Ave
    Rapid City, SD 57701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1802 Elm Ave Rapid City, SD 57701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.