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    Pennington County, SD Medical Office Space for Sale

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    Sioux Falls, SD Rapid City, SD Aberdeen, SD
    Rapid City Professional Office Building
    Updated: Apr 10
    Rapid City Professional Office Building

    625 Flormann Street, Rapid City, SD 57701

    $995,000
    5,527 sqft · 0.56 AC lot
    Prime location near Rapid City's established medical corridor, off Mount Rushmore Road.
    Configured for medical, counseling, or service‑based use with reception, waiting area, and eight private offices.
    Recent full interior remodel (2019) and basement renovation (2023).
    Finished 1,494 SF basement provides flexible workspace and storage.
    Security features include key card access, surveillance, and a secured vault.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    625 Flormann Street, Rapid City, SD 57701

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    • Est. Cap Rate

      6.4%
      Above avg (5.9%)

    • Est. NOI

      $64K
      Annual

    • Price @ 7% Cap

      $910K
      Suggested

    • Property Type

      Office Building
      Built 2001
    View Property Analytics
    Rapid City Medical Corridor Property
    Updated: Aug 16, 2024
    Rapid City Medical Corridor Property

    625 Flormann St, Rapid City, SD

    $1,049,000
    5,527 sqft · 0.57 AC lot
    Single tenant NNN investment property
    Well located in the Rapid City medical corridor
    Extensive building remodel in 2019 and full basement renovation in 2023
    Building is equipped with interior and exterior video surveillance system
    Remote controlled heating/cooling system and an air purifying system installed throughout the entire building
    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Pennington County, SD, we suggest exploring several alternatives: similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Land Near Hospital
    Vacant Land Near Hospital

    FSB Cornhusker Subdivision lot: 1, Ogallala, NE 69153

    $175,000
    1.53 AC lot

    1.53 acre lot close to hospital and infrastructure.

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    Highway 119 Commercial Land Parcel
    Highway 119 Commercial Land Parcel

    1611 Skyway Dr, Longmont, CO 80504

    $425,000
    1.21 AC lot

    1.21-acre commercial land parcel with high visibility and access.

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    Development Lot on Henry Chapple
    Development Lot on Henry Chapple

    495 Henry Chapple |, Billings, MT 59102

    Contact for pricing
    1.33 AC lot

    Prime commercial land with high visibility near Shiloh Road.

    View details
    Ready-to-Build Commercial Land Parcel
    Ready-to-Build Commercial Land Parcel

    3549 Gabel Rd |, Billings, MT 59102

    $621,600

    Commercial land parcel ready for development with utilities on site.

    View details

    Off-Market Properties in Pennington County, SD

    Consider similar Off-Market properties in Pennington County, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    716 Quincy St
    DENTAL BUILDING

    716 Quincy St, Rapid City, SD 57701-4084

    Value Estimation by Request
    4,702 sqft · 0.16 AC lot
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    5615 Nugget Gulch Rd
    DENTAL BUILDING

    5615 Nugget Gulch Rd, Rapid City, SD 57702-8349

    $575,000
    Estimated value
    4,906 sqft · 4.33 AC lot
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    1687 Tablerock Rd
    DENTAL BUILDING

    1687 Tablerock Rd, Rapid City, SD 57701-5495

    Value Estimation by Request
    3,897 sqft · 2.33 AC lot
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    2020 Jackson Blvd
    MEDICAL BUILDING

    2020 Jackson Blvd, Rapid City, SD 57702-3484

    Value Estimation by Request
    6,480 sqft · 0.65 AC lot
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    101 Minnesota St
    MEDICAL BUILDING

    101 Minnesota St, Rapid City, SD 57701-7756

    $765,000
    Estimated value
    18,292 sqft · 1.66 AC lot
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    3006 Tower Rd
    MEDICAL BUILDING

    3006 Tower Rd, Rapid City, SD 57701-5392

    Value Estimation by Request
    6,190 sqft · 2.00 AC lot
    View details
    3808 Sheridan Lk Rd
    MEDICAL BUILDING

    3808 Sheridan Lk Rd, Rapid City, SD 57702-5382

    Value Estimation by Request
    8,213 sqft · 2.30 AC lot
    View details
    720 Saint Anne St
    MEDICAL BUILDING

    720 Saint Anne St, Rapid City, SD 57701-4670

    Value Estimation by Request
    2,221 sqft · 0.48 AC lot
    View details
    3712 Cyn Lk Dr
    MEDICAL BUILDING

    3712 Cyn Lk Dr, Rapid City, SD 57702-3198

    Value Estimation by Request
    1,868 sqft · 0.69 AC lot
    View details
    241 Minnesota St
    MEDICAL BUILDING

    241 Minnesota St, Rapid City, SD 57701-6219

    $590,000
    Estimated value
    9,648 sqft · 1.60 AC lot
    View details
    3615 5th St
    MEDICAL BUILDING

    3615 5th St, Rapid City, SD 57701-6014

    Value Estimation by Request
    10,505 sqft · 1.33 AC lot
    View details
    522 7Th St
    Coworking space

    522 7Th St, Rapid City, SD 57701

    Value Estimation by Request
    View details
    522 7Th St
    Office Units

    522 7Th St, Rapid City, SD 57701

    Value Estimation by Request
    0.26 AC lot
    View details
    522 7Th St
    Office Units

    522 7Th St, Rapid City, SD 57701

    Value Estimation by Request
    0.26 AC lot
    View details
    238 Elm St
    MEDICAL BUILDING

    238 Elm St, Hill City, SD 57745-8911

    Value Estimation by Request
    1,920 sqft · 0.24 AC lot
    View details
    330 Stumer Rd
    MEDICAL BUILDING

    330 Stumer Rd, Rapid City, SD 57701-6406

    Value Estimation by Request
    6,656 sqft · 0.88 AC lot
    View details
    5430 Sheridan Lk Rd
    MEDICAL BUILDING

    5430 Sheridan Lk Rd, Rapid City, SD 57702-9208

    $775,000
    Estimated value
    6,604 sqft · 1.14 AC lot
    View details
    740 Sheridan Lk Rd
    MEDICAL BUILDING

    740 Sheridan Lk Rd, Rapid City, SD 57702-0900

    Value Estimation by Request
    4,456 sqft · 1.54 AC lot
    View details
    5816 Sheridan Lk Rd
    MEDICAL BUILDING

    5816 Sheridan Lk Rd, Rapid City, SD 57702-8883

    $645,000
    Estimated value
    5,561 sqft · 0.61 AC lot
    View details
    1611 Sheridan Lk Rd
    DENTAL BUILDING

    1611 Sheridan Lk Rd, Rapid City, SD 57702-3423

    Value Estimation by Request
    3,029 sqft · 0.30 AC lot
    View details
    1219 Saint Joseph St
    MEDICAL BUILDING

    1219 Saint Joseph St, Rapid City, SD 57701-2669

    Value Estimation by Request
    5,913 sqft · 0.48 AC lot
    View details
    717 Saint Francis St
    MEDICAL BUILDING

    717 Saint Francis St, Rapid City, SD 57701-4677

    Value Estimation by Request
    8,875 sqft · 0.80 AC lot
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    Pennington County, SD Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Pennington County, SD on our real estate platform. These investment opportunities span a total of 11,054 square feet of properties for sale, with an estimated market value of $2,044,000.

    Sale prices for medical spaces in Pennington County, SD start at $995,000, averaging $1,022,000, and reaching up to $1,049,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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