Flex Space with Fenced
For Sale
Contact for pricing
1525 Samco Rd, Rapid City, SD 57702
A warehouse-office configuration pairs interior work areas with enclosed outdoor storage and parking.
Property Size12,960 SF
Days on Market104
Property Features for 1525 Samco Rd
General Information
Standard status
Active
Size
12,960 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Property Use
Light Industrial
Listing Agency:
OAK & KEY REALTY, LLC
Listed By:
Stacy Engelmann
(605) 593-7532
Source:
Exprealty
Added: Jul 26
Changed: Nov 4
Last Checked: Nov 4 at 2:18PM
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 OAK & KEY REALTY, LLC
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Investment Insights
Based on property information with market context.
This 12,960-square-foot flex property combines warehouse space with approximately 2,000 square feet of office area. The offices include a sales counter, private offices, and a conference room. Additional features include multiple overhead doors, 16-foot sidewalls, three bathrooms, and a mezzanine suited to storage use. A fenced yard provides space for parking and outdoor storage.
The property is at 1525 Samco Road in Rapid City, just off Deadwood Avenue, with access to I-90. Its mix of warehouse, office, and yard space brings several functional areas together at one location.
The property is at 1525 Samco Road in Rapid City, just off Deadwood Avenue, with access to I-90. Its mix of warehouse, office, and yard space brings several functional areas together at one location.
Key Highlights
- 12,960 square feet of flex space
- Approximately 2,000 square feet of office space with sales counter, private offices, and conference room
- Multiple overhead doors and 16‑foot sidewalls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,162
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,323,240
$1.3M
Cap Rate 7%
$945,171
$945.2K
Cap Rate 9%
$735,133
$735.1K
Market Conditions
NOI Build-Up for 12,960 SF
Gross rent
$101.1K $7.80/SF
− Vacancy
−$6.6K −$0.51/SF
EGI
$94.5K $7.29/SF
− OpEx
−$28.4K −$2.19/SF
NOI
$66.2K $5.11/SF
Area
Pennington County, SD
Vacancy
6.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,323,240
Cap Rate 7%
$945,171
Cap Rate 9%
$735,133
Alternative Uses
Best Use
Flex RnD
$1.62M
$1.42M – $1.90M
NOI $113,724 @ 7.0% cap · market cap 11,372,400.00%
Second Best
Warehouse
$1.28M
$1.12M – $1.49M
NOI $89,658 @ 7.0% cap · market cap 8,965,800.00%
Theoretical Best
Specialty Retail
$2.35M
$2.06M – $2.74M
NOI $164,462 @ 7.0% cap · market cap 16,446,200.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57702, SD
33,162
Population
16,786
Households
2
Avg Household Size
46
Median Age
48%
College-Educated
98%
High-School Grad
285.8 sq mi
ZIP Area
116
Density / Sq Mi
$85,700
Median Household Income
$44,214
Median Earnings
$1,209
Median Rent
$341,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A warehouse-office configuration pairs interior work areas with enclosed outdoor storage and parking.
Where is this flex space located?
The property is located at 1525 Samco Rd Rapid City, SD.
What are key features of this property?
This property features: 12,960 square feet of flex space; Approximately 2,000 square feet of office space with sales counter, private offices, and conference room; Multiple overhead doors and 16‑foot sidewalls
