810 Tenaya St Hermosa, SD 57744
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.