Corner Retail
1460 N Haines Avenue, Rapid City, SD 57701
For Sale
New
Contact for pricing
Retail space on N Haines Avenue sits beside Sentinel Federal Credit Union.
Property Size1,860 SF
Days on Market3
Property Features for 1460 N Haines Avenue
General Information
Standard status
Size
Property subtype
Listing Agency:
eXp Realty
(605) 453-5592
Listed By:
Steve Kulmala
Source:
Southdakotaproperties
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 2:52PM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This corner retail space offers approximately 1,300 square feet in a multi-tenant building. Sentinel Federal Credit Union occupies the neighboring space, providing a defined adjacent business presence.
The property is at 1460 N Haines Avenue in Rapid City, South Dakota.
The property is at 1460 N Haines Avenue in Rapid City, South Dakota.
Key Highlights
- Approximately 1,300 square feet of retail space
- Corner unit in a multi‑tenant building
- Sentinel Federal Credit Union occupies a neighboring space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,561
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,220
$431.2K
Cap Rate 7%
$308,014
$308.0K
Cap Rate 9%
$239,567
$239.6K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$33.5K $18.00/SF
− Vacancy
−$2.7K −$1.44/SF
EGI
$30.8K $16.56/SF
− OpEx
−$9.2K −$4.97/SF
NOI
$21.6K $11.59/SF
Area
Pennington County, SD
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$431,220
Cap Rate 7%
$308,014
Cap Rate 9%
$239,567
Alternative Uses
Best Use
Retail
$308.0K
$269.5K – $359.4K
NOI $21,561 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$337.2K
$295.0K – $393.4K
NOI $23,603 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
106k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 26%
Home Improvements & Furnishings 12%
Apparel 10%
Books-A-Million
Shops & Services
25,844 visits/mo
0.5 miles
Wendy's
Dining
12,688 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
12,491 visits/mo
0.2 miles
Goodwill
Apparel
10,995 visits/mo
0.2 miles
Taco John's
Dining
10,979 visits/mo
0.3 miles
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 Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space on N Haines Avenue sits beside Sentinel Federal Credit Union.
Where is this retail space located?
The property is located at 1460 N Haines Avenue Rapid City, SD.
What are key features of this property?
This property features: Approximately 1,300 square feet of retail space; Corner unit in a multi‑tenant building; Sentinel Federal Credit Union occupies a neighboring space
