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Property profile & analytics
OFF-MARKET
Theaters & concert halls

810 Tenaya St Hermosa, SD 57744

2,624 SF 16.6 ac lot Built 2012
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents the chance to acquire Roy's Black Hills Twin Drive-In, a well-established and profitable mixed-use property located in Hermosa, South Dakota. The property boasts a prime location along Highway 79, situated on a substantial 16.6-acre lot zoned for general commercial use. The drive-in theater itself comprises four buildings totaling 2,624 square feet, constructed in 2012. This unique property features two screens, with one boasting an impressive 80-foot-wide screen, one of the largest in the US. The theater was the first all-digital drive-in in the area, showcasing its commitment to modern technology while maintaining its classic charm. The asking price is $1,300,000, translating to $495.43 per square foot. This turnkey operation is fully equipped and ready for immediate operation, offering a rare opportunity to own a piece of American entertainment history. The substantial lot size presents significant potential for future expansion or development, given its prime location and general commercial zoning. This is a truly unique investment opportunity with strong potential for continued growth and profitability. The property's established customer base and prime location along a major highway ensure a steady stream of revenue. This is more than just a business; it's a piece of Americana waiting for its next chapter.

Property profile
Verified
Property type Theaters & concert halls
Year built 2012
Total area 2,624 SF
Lot 16.6 ac (723,096 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
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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