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    660 Flormann St Rapid City, SD 57701

    Sponsored
    For Lease
    $14 SF/Yr

    Versatile office suites, prime location.

    Lot size:
    28,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Aspen Centre West offers 14,000 square feet of immediately available office space, divisible to a minimum of 14,000 contiguous square feet. Located conveniently off Mt. Rushmore Road in a high-traffic area, this Class B building boasts a total of 28,000 square feet across two stories. Built in 1979 and renovated in 2021, the property sits on a 1.04-acre lot and is zoned for Neighborhood Shopping Center District use. The building features a variety of office subtypes including executive, coworking, medical, creative, and traditional options, making it suitable for a wide range of businesses. Amenities include elevator access, a shared break room, a conference room, and a front desk with a waiting area. Common areas have been recently updated. Individual office spaces are also available, starting at $400 per month, with all utilities included. This presents a unique opportunity to secure affordable and adaptable office space in a desirable location. The property is situated near Flormann St. and offers exceptional value for businesses seeking a professional and welcoming environment.

    Property Features for 660 Flormann St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,000 SF
    Class
    B
    Total Rate
    32666.67

    Building Details

    Year Built/Renovated
    1979/2021
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    14,000 SF
    Rate per SF
    $14
    Space
    Available Space 2
    Size
    3,000 SF
    Rate per SF
    $14
    Space
    Available Space 4
    Size
    0 SF
    Rate per SF
    $14

    HighLights

    • Affordable office space for lease in Aspen Centre West, starting at $400/month, utilities included.
    • Up to 14,000 square feet of customizable office space available, with smaller individual offices also an option.
    • Convenient location off Mt. Rushmore Rd., in a high‑traffic area.
    • Building amenities include elevator access, shared break room, conference room, and recently updated common areas.
    • 14,000 square feet of space immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pederson Law Office Criminal Justice Attorney KBHB Radio Broadcaster Classic Rock 100.3 ... Radio Broadcaster Minuteman EMS Emergency Care Service Dr. Vicki Koebernick-Natural ... Chiropractor

    Suggested Use

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

    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
    -103.23018024025
    Latitude
    44.065160931368

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    FAQs

    What type of property is this?
    Office space - Versatile office suites, prime location.
    Where is this office space located?
    The property is located at 660 Flormann St Rapid City, SD.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Affordable office space for lease in Aspen Centre West, starting at $400/month, utilities included.; Up to 14,000 square feet of customizable office space available, with smaller individual offices also an option.; Convenient location off Mt. Rushmore Rd., in a high-traffic area.
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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
    660 Flormann St Rapid City, SD 57701
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