710 Tenaya St, Hermosa, SD 57744
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.
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.