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Rapid City Warehouses on Cambell

3418 Cambell St Rapid City, SD 57701

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Two warehouses totaling 10,840 SF on 2.22 acres.

Type:INDUSTRIAL
Property size:
10,840 SF
Lot size:
2.22 Acres
Price / SF:
$89/SF
Added:
May 19, 2026
Days on Market:
56
Last Refresh:
Jun 29 at 11:10 am

Property Features for 3418 Cambell St

General Information

Standard status
Active
Size
10,840 SF
Lot size
2.22 Acres
Property subtype
INDUSTRIAL

Listing office Battle Creek Agency

Listing date May 19, 2026

Source Moodyscre

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 Battle Creek Agency


Investment Insights

Based on property information with market context.

Located in Rapid City on Cambell Street, this property includes 2.22 acres and two warehouses. The warehouses measure 32'x120' and 40'x170', totaling approximately 10,840 square feet, including a 456 square foot office with natural gas and central air. Building 1 features 18-foot ceilings in the original section and 27-foot ceilings in the addition. Building 2 has 17-foot ceilings. There are five 10'x10' overhead doors and one 12'x10' overhead door. Both buildings are equipped with a fire detection system and rubber roofing, with metal roofing over the addition on the main building. A loading dock is available. The property offers additional room for a second office and further improvements.

Key Highlights

  • Prime Rapid City location on Cambell Street.
  • Large lot size: 2.22 acres.
  • Two warehouses totaling approximately 10,840 square feet.

Local 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 $93.7k $8.64
− Vacancy −$5.4k −$0.50
EGI $88.2k $8.14
− OpEx −$13.2k −$1.22
NOI $75.0k $6.92
10,840 SF · lease $8.64/SF/yr · vacancy 5.80% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$1.07M
$937.4K – $1.25M (±1% cap)
NOI $74,992 @ 7.0% cap · market cap 7.69%
Second Best
Industrial
$790.6K
$691.7K – $922.3K (±1% cap)
NOI $55,339 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.97M
$1.72M – $2.29M (±1% cap)
NOI $137,560 @ 7.0% cap · market cap 14.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Hair Salon Auto Parts Store Gym & Fitness Center Garden Center Kitchen & Bath Showroom Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Food Market

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Black Hills Self Storage — 1600 SD-44, Rapid City, SD 57703
  • D & S Mini Storage — 1300 Centre St, Rapid City, SD 57703
  • All Kindza Storage — 1125 Kennel Dr, Rapid City, SD 57703
  • Storage City Self Storage- Cambell — 1517 Cambell St, Rapid City, SD 57701
  • Rapid Valley Storage — 1670 Centre St, Rapid City, SD 57703

FAQs

What type of property is this?
Warehouse - Two warehouses totaling 10,840 SF on 2.22 acres.
Where is this warehouse located?
The property is located at 3418 Cambell St Rapid City, SD.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Prime Rapid City location on Cambell Street.; Large lot size: 2.22 acres.; Two warehouses totaling approximately 10,840 square feet.
Contact an agent
(605) 219-4021 Call to check price and availability
More about this property
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