Auto Service Shop With
For Sale
$1,499,000
1811 Deadwood Avenue, Rapid City, SD 57702
Automotive commercial facility with customer-facing offices, heavy-service capacity, and separate covered storage.
Property Size12,560 SF
Lot Size1.97 Acres
Days on Market20
Property Features for 1811 Deadwood Avenue
General Information
Standard status
Active
Size
12,560 SF
Total Parking Spaces
24
Lot size
1.97 Acres
Property subtype
IND, IND-AUTO
Zoning
General Commercial
Warehouse & Industrial
Warehouse Space
3,200 SF
Drive-In Doors
2
Voltage
240 V
Three-Phase Power
Yes
Additional Details
Road Access
Yes
Service Bays
3
Amenities
pylon signage
building signage
in-floor drains
240V 3-phase power
Building Details
Building Size
12,560 SF
Buildings
2
Listing Agency:
KW Commercial | Black Hills
Listed By:
Dan Logan · License #20325
(605) 335-8100
Source:
Realnex
Added: Sep 16
Changed: Sep 19
Last Checked: Oct 4 at 6:10AM
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.
The property combines a 9,360 SF primary building with a separate 3,200 SF warehouse constructed in 2022. Within the main building, 1,200 SF is allocated to street-level retail and office use, while the 8,160 SF service area includes eight 14' x 14' overhead doors. Two bays provide drive-through clearance for semi trucks, and the facility also includes a dedicated welding and exhaust bay, in-floor drains, and 240V 3-phase power.
Located at 1811 Deadwood Avenue in Rapid City, the 1.97-acre site is zoned General Commercial. Exterior improvements include 24 striped parking spaces, additional rear parking, and both pylon and building signage. The separate warehouse adds enclosed storage capacity to the service-oriented layout.
Located at 1811 Deadwood Avenue in Rapid City, the 1.97-acre site is zoned General Commercial. Exterior improvements include 24 striped parking spaces, additional rear parking, and both pylon and building signage. The separate warehouse adds enclosed storage capacity to the service-oriented layout.
Key Highlights
- 9,360 SF main building with 1,200 SF of retail and office space
- 8,160 SF service area with eight 14' x 14' overhead doors
- Two drive‑through bays sized for semi trucks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$86,891
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,820
$1.7M
Cap Rate 7%
$1,241,300
$1.2M
Cap Rate 9%
$965,456
$965.5K
Market Conditions
NOI Build-Up for 12,560 SF
Gross rent
$108.5K $8.64/SF
− Vacancy
−$6.3K −$0.50/SF
EGI
$102.2K $8.14/SF
− OpEx
−$15.3K −$1.22/SF
NOI
$86.9K $6.92/SF
Area
Pennington County, SD
Vacancy
5.80%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,737,820
Cap Rate 7%
$1,241,300
Cap Rate 9%
$965,456
Alternative Uses
Best Use
Retail
$2.08M
$1.82M – $2.43M
NOI $145,596 @ 7.0% cap · market cap 9.71%
Second Best
Warehouse
$1.24M
$1.09M – $1.45M
NOI $86,891 @ 7.0% cap · market cap 5.80%
Theoretical Best
Specialty Retail
$2.28M
$1.99M – $2.66M
NOI $159,386 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
3
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
292
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
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Similar Off Market Nearby
- Brown's Small Engine Repair — 2850 Lien St, Rapid City, SD 57702
- Auto Tech — 1141 Deadwood Ave #9, Rapid City, SD 57702
- SKYLINE Paintless Dent Repair — 1080 deadwood ave, rapid city, sd 57702
- KC'S AUTO REPAIR — 1090 Deadwood Ave, Rapid City, SD 57702
- Modern Garage — 1080 SD-445 Suite 4, Rapid City, SD 57702
Frequently Asked Questions
What type of property is this?
Auto shop - Automotive commercial facility with customer-facing offices, heavy-service capacity, and separate covered storage.
Where is this auto shop located?
The property is located at 1811 Deadwood Avenue Rapid City, SD.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 9,360 SF main building with 1,200 SF of retail and office space; 8,160 SF service area with eight 14' x 14' overhead doors; Two drive‑through bays sized for semi trucks
