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Property profile & analytics
OFF-MARKET
Office Spaces

519 Kansas City St Rapid City, SD 57701

0.24 ac lot Built 1998
Property ID
Property summary
AI-generated overview

This exceptional 3,060-square-foot Class A office suite, located at 519 Kansas City St in Rapid City, South Dakota, is ready for immediate occupancy on August 1st, 2024. Situated in the City Center, this second-floor space boasts a thoughtfully designed layout including four private offices, a spacious conference room, multiple individual cubicles, male and female restrooms, and a convenient breakroom/kitchenette. Clerestory windows flood the interior with abundant natural light. The suite offers private front entrances accessed via a secured staircase. Furniture is included, comprising cubicle desks, a conference table, and filing cabinets. Parking is readily available, with both on-street and off-street options, including a potential garage stall. The property is zoned for General Commercial use and sits on a 0.24-acre lot within a single, two-story building constructed in 1998. The building offers 10-20 total parking spaces but lacks elevators. The lease rate is $15.50 per square foot annually, gross, with utilities included, totaling $3,952.50 per month. This is a single-tenancy space in Pennington County, zip code 57701.

Property profile
Verified
Property type Office Spaces
Year built 1998
Lot 0.24 ac (10,454 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
Current use
Occupant on record · Public records
  • Creative Planning Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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