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    Rapid City, SD
    Medical Premises

    Rapid City, SD Medical Office Space for Sale

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    Summerset, SD Box Elder, SD Black Hawk, SD Piedmont, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    Medical Office Building with Flexible Layout
    Updated: Dec 12, 2024
    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
    Medical Office Building with Exam Rooms
    Updated: Apr 12
    Medical Office Building with Exam Rooms

    3810 Jackson Blvd, Rapid City, SD 57702

    Contact for pricing
    More than 7,000+ sqft of medical office space
    9 exam rooms, x‑ray room, and 3 nurse stations
    Main level includes 3 large offices and a large waiting area
    Reception area, common bathrooms, and breakroom included
    Lower level provides office, conference room, and storage space
    View details
    Two-Level Office Building with ADA Access
    Two-Level Office Building with ADA Access

    1818 W FULTON, Rapid City, SD 57702

    $1,300,000

    Flexible professional space with accessibility on both floors and on-site parking.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 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.

    Commercial Office Space with Multiple Entrances
    Commercial Office Space with Multiple Entrances

    1981 Double Eagle Drive, Sheridan, WY 82801

    $980,000
    5,640 sqft 0.40 AC lot

    Zoned B2 and built in 2010, this office unit totals 5,640 SF with central air and 39 shared parking spaces.

    View details
    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    4620 GRANDVIEW AVE, Cheyenne, WY 82009

    $5,685,000
    31,047 sqft 0.99 AC lot

    Multi-suite commercial property with leased restaurant, dental, and childcare spaces, storefront windows, parking, and commercial zoning.

    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
    Commercial Land With Building
    Commercial Land With Building

    210 E RIDING CLUB RD, Cheyenne, WY 82009

    $249,900
    0.83 AC lot

    Includes a heated block building, private well, and seller-installed septic system.

    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

    $255,000
    Estimated value
    4,702 sqft 0.16 AC lot
    View details
    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
    View details
    1687 Tablerock Rd
    DENTAL BUILDING

    1687 Tablerock Rd, Rapid City, SD 57701-5495

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

    2020 Jackson Blvd, Rapid City, SD 57702-3484

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

    101 Minnesota St, Rapid City, SD 57701-7756

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

    3006 Tower Rd, Rapid City, SD 57701-5392

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

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

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

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

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

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

    $305,000
    Estimated value
    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

    $380,000
    Estimated value
    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
    330 Stumer Rd
    MEDICAL BUILDING

    330 Stumer Rd, Rapid City, SD 57701-6406

    $365,000
    Estimated value
    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

    $450,000
    Estimated value
    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

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

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

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

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

    $355,000
    Estimated value
    8,875 sqft 0.80 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, showcased through 3 active listings 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 $3,799,000.

    Sale prices for medical spaces in Rapid City, SD start at $1,300,000, averaging $1,899,500, and reaching up to $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 24
    Office buildings 12
    Medical Office Space 5

    Demographics Overview

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

    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%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    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.

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