5th St Rpd, Rapid City, SD 57701
This exceptional 1.5-acre commercial land parcel, located at 1.5a 5th Street, Rapid City, SD 57701, presents a unique investment opportunity. Situated on the northwest corner of Catron and 5th Street, this 65,340 square foot lot boasts unparalleled visibility and accessibility. The property is zoned for General Commercial use and enjoys a high-traffic count, making it ideal for a variety of businesses. Surrounding the property are numerous national retailers, including Walmart, GNC, Jimmy John's, Arby's, Taco Bell, Krispy Krunchy Chicken, and Big D's Sinclair, ensuring high foot traffic and brand recognition. The property's proximity to the medical corridor further enhances its appeal. The land lease is offered at a rate of $2 per square foot annually. The owner is open to considering build-to-suit options for the right tenant, providing flexibility and customization to meet specific business needs. This is a rare opportunity to secure a prominent location in a thriving commercial area of Rapid City. Don't miss out on this chance to establish your business in a high-demand location. The property's address is 1.5a 5th Street, Rapid City, SD 57701, zip code 57701.
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
Similar Nearby for Lease
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.