623 N Lacrosse, Rapid City, SD 57701
Recently improved, five-bay car wash property operating since 1986, supported by strong nearby roadway traffic counts.
- Added:
- Jun 14, 2026
- Days on Market:
- 22
- Last Refresh:
- Jul 5 at 2:49 am
Property Features for 623 N Lacrosse
General Information
- Standard status
- Active
- Size
- 3,000 SF
Listing office CINC REALTY LLC (605) 391-8669
Listing date Jun 14, 2026
Source Exprealty
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 CINC REALTY LLC
HighLights
- Recently improved, five‑bay car wash property operating since 1986.
- High nearby traffic counts: 19,815 on LaCrosse St. and 15,866 on E. North St.
- Property has potential to support car wash revenue based on surrounding roadway traffic.
Overview
The property is located at 623 N Lacrosse in Rapid City, with additional traffic information provided for E. North Street. Reported counts include 19,815 vehicles along LaCrosse St. and 15,866 vehicles along E. North Street, supporting visibility and repeat exposure from passing motorists.
For buyers, this is an automotive-focused asset built around a multi-bay wash layout and an ongoing operating history. The combination of recent improvements and readily available roadway traffic data may be useful for underwriting a handoff to a new operator, whether you’re evaluating owner-operator use or an investment strategy aligned with car wash operations.
Local Financial Insights For Specialty Retail
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 | $54.0k | $18.00 |
| − Vacancy | −$3.2k | −$1.08 |
| EGI | $50.8k | $16.92 |
| − OpEx | −$12.7k | −$4.23 |
| NOI | $38.1k | $12.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.2021243
- Latitude
- 44.0882009
