Retail Space with
For Sale
Contact for pricing
850 Timmons Blvd, Rapid City, SD 57703
The project is under construction, with space suited to retail, office, restaurant, or mixed-use applications.
Property Size2,000 SF
Days on Market59
Property Features for 850 Timmons Blvd
General Information
Standard status
Active
Size
2,000 SF
Listing Agency:
TRUE NORTH ASSET GROUP
Listed By:
SHANNON BRINKER · License #17047
(605) 415-7222
Source:
Exprealty
Added: Sep 9
Changed: Nov 4
Last Checked: Nov 4 at 11:55AM
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 TRUE NORTH ASSET GROUP
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Investment Insights
Based on property information with market context.
Under-construction retail space at 850 Timmons Blvd offers configurations of 1,200 SF, 2,000 SF, and 4,000 SF. A drive-through option is available. The property is also presented for office, restaurant, and mixed-use applications.
The site is near Timmons Market, Goodwill, and other established businesses in Rapid City. Its address is 850 Timmons Blvd.
The site is near Timmons Market, Goodwill, and other established businesses in Rapid City. Its address is 850 Timmons Blvd.
Key Highlights
- Available in 1,200 SF, 2,000 SF, and 4,000 SF configurations
- Drive‑through option available
- Under construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,680
$463.7K
Cap Rate 7%
$331,200
$331.2K
Cap Rate 9%
$257,600
$257.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$33.1K $16.56/SF
− OpEx
−$9.9K −$4.97/SF
NOI
$23.2K $11.59/SF
Area
Pennington County, SD
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,680
Cap Rate 7%
$331,200
Cap Rate 9%
$257,600
Alternative Uses
Best Use
Specialty Retail
$362.6K
$317.3K – $423.0K
NOI $25,380 @ 7.0% cap · market cap 2,538,000.00%
Second Best
Retail
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 2,318,400.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 80%
Dining 20%
Goodwill
Apparel
6,569 visits/mo
0.1 miles
Domino's Pizza
Dining
1,594 visits/mo
0.1 miles
Demographics for 57703, SD
16,933
Population
7,476
Households
2.3
Avg Household Size
37
Median Age
21%
College-Educated
92%
High-School Grad
129.8 sq mi
ZIP Area
130
Density / Sq Mi
$84,495
Median Household Income
$41,342
Median Earnings
$1,394
Median Rent
$250,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - The project is under construction, with space suited to retail, office, restaurant, or mixed-use applications.
Where is this retail space located?
The property is located at 850 Timmons Blvd Rapid City, SD.
What are key features of this property?
This property features: Available in 1,200 SF, 2,000 SF, and 4,000 SF configurations; Drive‑through option available; Under construction
