Property profile

710 Tenaya St Hermosa, SD 57744

OFF-MARKET
Office Spaces
0.07 ac lot
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Property summary

AI-generated overview

This exceptional 2005-built commercial property boasts nearly 300 feet of highway frontage on a 0.07-acre lot along Highway 79 in Hermosa, South Dakota. Situated just south of Rapid City, this location benefits from excellent visibility and high traffic counts. The building currently operates as a successful retail storefront, showcasing highly visible signage and ample parking. The structure is well-maintained and offers significant potential for diverse uses. The layout allows for easy division into 2-3 separate spaces, ideal for mixed-use occupancy. Further expansion opportunities exist on the remaining acreage. This unique property presents a compelling investment opportunity for businesses seeking high visibility and convenient access. Its strategic location adjacent to a truck stop and a drive-in movie theater (currently available for purchase) provides additional synergistic potential. The building's adaptable design and prime location make it an attractive option for a variety of commercial ventures. This is a rare chance to acquire a well-established property with significant growth potential in a thriving community. The property's strong foundation and adaptable design make it a sound investment for the future. Consider the possibilities this location offers for your business.

Property profile

Verified
Property type Office Spaces
Lot 0.07 ac (3,049 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

710 Tenaya St Hermosa, SD 57744
Hermosa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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