Rapid City Commercial
544 CENTURY RD Rapid City, SD 57703
544 CENTURY RD, Rapid City, SD, 57703
$1,845,000
Pending
For Sale
$1,845,000
Pending
Commercial property available for sale in Rapid City, South Dakota.
Property Size15,874 SF
Days on Market81
Property Features for 544 CENTURY RD
General Information
- Standard status
- Pending
- Size
- 15,874 SF
Listing Agency
(605) 390-2735
Listed by
TOM RAU · License #4661
(605) 390-2735
Source
Evrealestate
Added: Apr 29 Checked: Jul 17 at 2:19 am
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 TOM RAU
Investment Insights
Based on property information with market context.
This commercial property, located in Pennington County, Rapid City, South Dakota, offers 15,874 square feet of space. The property is suitable for warehouses, industrial purposes, retail space, office units, and other commercial real estate ventures.
Key Highlights
- Central air cooling for those warm days.
- Forced air heating to keep you cozy.
- Enjoy the city view.
Local Financial Insights For Office B
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 | $238.1k | $15.00 |
| − Vacancy | −$35.7k | −$2.25 |
| EGI | $202.4k | $12.75 |
| − OpEx | −$50.6k | −$3.19 |
| NOI | $151.8k | $9.56 |
15,874 SF · lease $15.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Retail
$2.63M
$2.30M – $3.07M
NOI $184,011 @ 7.0% cap · market cap 9.97%
Second Best
Office B
$2.17M
$1.90M – $2.53M
NOI $151,795 @ 7.0% cap · market cap 8.23%
Theoretical Best
Specialty Retail
$2.88M
$2.52M – $3.36M
NOI $201,441 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pottery 2 Paint
(Bike/Boat/Book/etc) Store
Hemporium Boutique
(Bike/Boat/Book/etc) Store
The Wonder Seed.
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
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
- A-1 Mini Storage — 840 Spruce St # 13, Rapid City, SD 57701
- Worth Western Warehouse Co. — Rapid City, SD 57701
- Storage City Self Storage- E Chicago — 875 E Chicago St, Rapid City, SD 57701
FAQs
What type of property is this?
Warehouse - Commercial property available for sale in Rapid City, South Dakota.
Where is this warehouse located?
The property is located at 544 CENTURY RD Rapid City, SD.
What is the asking price?
The asking price for this property is $1,845,000.
What are key features of this property?
This property features: Central air cooling for those warm days.; Forced air heating to keep you cozy.; Enjoy the city view.
