Warehouse for
For Sale
$1,185,000
1202 E ST FRANCIS, Rapid City, SD 57701
Warehouse property offered for sale in Pennington County, South Dakota.
Property Size11,600 SF
Price / SF$102.16
Days on Market496
Property Features for 1202 E ST FRANCIS
General Information
Standard status
Active
Size
11,600 SF
Listing Agency:
KW Commercial | Black Hills
(605) 593-7980
Listed By:
DAN LOGAN · License #20325
(605) 593-7980
Source:
Evrealestate
Added: Mar 25, 2025
Changed: Jul 23
Last Checked: Aug 2 at 5:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Black Hills
Investment Insights
Based on property information with market context.
This warehouse property is being offered for sale and is identified as an “other warehouse” within the provided property information. The asset totals 11,600 square feet.
The property is located at 1202 E St Francis in Rapid City, South Dakota, within Pennington County. Additional details on layout, condition, and site improvements were not provided in the available information.
For buyers and tenants reviewing warehouse inventory, this listing provides a defined warehouse footprint within a specific Rapid City address and county jurisdiction, supported by the stated total building size.
The property is located at 1202 E St Francis in Rapid City, South Dakota, within Pennington County. Additional details on layout, condition, and site improvements were not provided in the available information.
For buyers and tenants reviewing warehouse inventory, this listing provides a defined warehouse footprint within a specific Rapid City address and county jurisdiction, supported by the stated total building size.
Key Highlights
- Warehouse property for sale in Pennington County, South Dakota
- Central air conditioning
- Off‑street parking with asphalt surface
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.2k | $8.64 |
| − Vacancy | −$5.8k | −$0.50 |
| EGI | $94.4k | $8.14 |
| − OpEx | −$14.2k | −$1.22 |
| NOI | $80.2k | $6.92 |
11,600 SF · lease $8.64/SF/yr · vacancy 5.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.15M
$1.00M – $1.34M
NOI $80,249 @ 7.0% cap · market cap 6.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.10M
$1.84M – $2.45M
NOI $147,204 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57701, SD
46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property offered for sale in Pennington County, South Dakota.
Where is this warehouse located?
The property is located at 1202 E ST FRANCIS Rapid City, SD.
What is the asking price?
The asking price for this property is $1,185,000.
What are key features of this property?
This property features: Warehouse property for sale in Pennington County, South Dakota; Central air conditioning; Off‑street parking with asphalt surface
