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    Rapid City, SD Medical Office Space for Sale

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    Aberdeen, SD Black Hawk, SD Summerset, SD Box Elder, SD Piedmont, SD Keystone, SD Sturgis, SD Hermosa, SD
    Medical Office Building with Flexible Layout
    Updated: Jan 1, 2025
    Medical Office Building with Flexible Layout

    725 N Lacrosse Street, Rapid City, SD 57701

    $2,499,000
    24,344 sqft
    24,344 square feet of medical and office space
    Two main‑level entrances support separated services or multiple tenants
    Mix of private offices, conference rooms, exam rooms, and lab rooms
    Finished lower level includes offices, meeting rooms, showers, kitchen, and storage
    High‑traffic corner with over 16,000 cars per day
    View details
    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office with Therapy Rooms
    Medical Office with Therapy Rooms

    322 MAIN ST, Pine Bluffs, WY 82082

    $299,000
    2,625 sqft 0.16 AC lot

    The interior has three treatment rooms, a private office, a kitchen, and a large gym area.

    View details
    Mixed-Use Building with Garage
    Mixed-Use Building with Garage

    523 Val Vista St, Sheridan, WY 82801

    $525,000
    1,405 sqft

    Separate levels contain a former medical office and a two-bedroom residence in a brick structure.

    View details
    Medical Office with Therapy Gym
    Medical Office with Therapy Gym

    322 Main St, Pine Bluffs, WY 82082

    $299,000
    2,625 sqft

    A clinic-style layout combines treatment rooms, office space and a substantial area for therapy activities.

    View details
    Multi-Entrance Office Unit
    Multi-Entrance Office Unit

    1981 Double Eagle Drive A, Sheridan, WY 82801

    Contact for pricing
    5,640 sqft

    Office unit in a zoned B2 building featuring multiple front entrances, 17 private offices, and ample shared parking.

    View details

    Off-Market Properties in Rapid City, SD

    Consider similar Off-Market properties in Rapid City, 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

    Estimated value:
    $255,000
    4,702 sqft 0.16 AC lot
    View details
    5615 Nugget Gulch Rd
    DENTAL BUILDING

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

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

    1687 Tablerock Rd, Rapid City, SD 57701-5495

    Estimated value:
    $325,000
    3,897 sqft 2.33 AC lot
    View details
    2020 Jackson Blvd
    MEDICAL BUILDING

    2020 Jackson Blvd, Rapid City, SD 57702-3484

    Estimated value:
    $420,000
    6,480 sqft 0.65 AC lot
    View details
    101 Minnesota St
    MEDICAL BUILDING

    101 Minnesota St, Rapid City, SD 57701-7756

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

    3006 Tower Rd, Rapid City, SD 57701-5392

    Estimated value:
    $385,000
    6,190 sqft 2.00 AC lot
    View details
    3808 Sheridan Lk Rd
    MEDICAL BUILDING

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

    Estimated value:
    $455,000
    8,213 sqft 2.30 AC lot
    View details
    720 Saint Anne St
    MEDICAL BUILDING

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

    Estimated value:
    $295,000
    2,221 sqft 0.48 AC lot
    View details
    3712 Cyn Lk Dr
    MEDICAL BUILDING

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

    Estimated value:
    $305,000
    1,868 sqft 0.69 AC lot
    View details
    241 Minnesota St
    MEDICAL BUILDING

    241 Minnesota St, Rapid City, SD 57701-6219

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

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

    Estimated value:
    $380,000
    10,505 sqft 1.33 AC lot
    View details
    330 Stumer Rd
    MEDICAL BUILDING

    330 Stumer Rd, Rapid City, SD 57701-6406

    Estimated value:
    $365,000
    6,656 sqft 0.88 AC lot
    View details
    5430 Sheridan Lk Rd
    MEDICAL BUILDING

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

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

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

    Estimated value:
    $450,000
    4,456 sqft 1.54 AC lot
    View details
    5816 Sheridan Lk Rd
    MEDICAL BUILDING

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

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

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

    Estimated value:
    $325,000
    3,029 sqft 0.30 AC lot
    View details
    1219 Saint Joseph St
    MEDICAL BUILDING

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

    Estimated value:
    $315,000
    5,913 sqft 0.48 AC lot
    View details
    717 Saint Francis St
    MEDICAL BUILDING

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

    Estimated value:
    $355,000
    8,875 sqft 0.80 AC lot
    View details
    807 Saint Andrew St
    DENTAL BUILDING

    807 Saint Andrew St, Rapid City, SD 57701-4526

    Estimated value:
    $305,000
    1,772 sqft 0.16 AC lot
    View details
    811 Saint Andrew St
    MEDICAL BUILDING

    811 Saint Andrew St, Rapid City, SD 57701-3999

    Estimated value:
    $295,000
    3,349 sqft 0.32 AC lot
    View details

    Rapid City, SD Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 24,344 square feet of properties for sale, with an estimated market value of $2,499,000.

    Sale prices for medical spaces in Rapid City, SD average $2,499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 11
    Office buildings 7
    Medical Office Space 3

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 10,000 to 25,000 square foot range.

    How Realmo verifies these figures

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