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    811 Street Andrew St Rapid City, SD 57701

    Sponsored
    For Lease
    $60 SF/Yr ($16,750 /Mo)

    Affordable Office Space, Prime Location

    Lot size:
    3,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 3,350 square foot office building, constructed in 1980, offers multiple suites for lease. Located just one block from Saint Patrick Street, this property sits on a 0.32-acre lot and provides a quiet, professional environment. Currently, several suites are available, including Suite 15, a 120 square foot space with a window, listed at $600 per month. Another option, Suite 2, is a smaller space available for $350 monthly, or $250 monthly as a virtual office. Suite 8 is also available for $400 per month. All leases include all utilities, even wireless internet access. Tenants and clients enjoy a shared break room, waiting area, and ample parking. The low-traffic tenant base ensures a peaceful atmosphere, ideal for focused work. This is an excellent opportunity for businesses seeking affordable, convenient office space in a desirable location. The building features one building with a total of 3,350 square feet.

    Property Features for 811 Street Andrew St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,350 SF
    Total Rate
    16750

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    120 SF
    Rate per SF
    $60

    HighLights

    • Traditional office space for lease, totaling 3,350 square feet.
    • Single‑story, 1980‑built building on a 0.32‑acre lot.
    • Multiple tenancies available.
    • Suite 15: 120 sq. ft., $600/month, includes utilities and Wi‑Fi, features a window.
    • Shared amenities include a break room, waiting area, and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.2028948
    Latitude
    44.0683402

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    FAQs

    What type of property is this?
    Office Property / Space - Affordable Office Space, Prime Location
    Where is this office property / space located?
    The property is located at 811 Street Andrew St Rapid City, SD.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: Traditional office space for lease, totaling 3,350 square feet.; Single-story, 1980-built building on a 0.32-acre lot.; Multiple tenancies available.
    Request Owner's contact information
    811 Street Andrew St Rapid City, SD 57701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    811 Street Andrew St Rapid City, SD 57701
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