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Property profile & analytics
OFF-MARKET
Warehouses

5632 Fargo Ln Rapid City, SD 57701

1.91 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This newly built (2023), Class A warehouse unit, totaling 1,800 square feet, is available for lease in Rapid City, South Dakota. Located at 5632 Fargo Ln, this single-story building is part of the well-maintained Spring Creek Plaza, conveniently situated off E Catron Blvd in the southeast part of the city. The unit features one 12'x12' overhead door with smart garage monitoring, a drive-in door, and one dock-high door. Inside, you'll find a clean, "vanilla shell" build-out including a restroom and mechanical room with a 95% efficient gas furnace. The space is perfect for light manufacturing, workshop, or storage uses, and its location is particularly well-suited for medical-related businesses within Rapid City's medical corridor. Additional amenities include a fire sprinkler system, security cameras, heated sidewalks, attractive landscaping, and ample parking with eight total spaces. The property sits on 1.91 acres and is zoned for General Commercial use. The monthly lease rate is $2,317.50. The building contains a total of five suites.

Property profile
Verified
Property type Warehouses
Year built 2023
Lot 1.91 ac (83,200 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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