Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Investment properties

    1301 W Omaha St, Rapid City, SD 57701

    27,807 SF 3.63 ac lot Built 2000
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US79-0118338
    Property summary
    AI-generated overview

    This prestigious Class A commercial property, located at 1301 W Omaha St in Rapid City, South Dakota, offers a variety of flexible office spaces ideal for businesses of all sizes. The two-story building, constructed in 2000, boasts 71,234 square feet of total space, with suites ranging from a minimum of 496 square feet to a maximum contiguous space of 1,383 square feet. The building features three total suites, situated on a 3.68-acre lot, and is zoned for general commercial use. Amenities include ample parking (95+ spaces) and elevators for convenient access to all floors. Currently, two suites are available. Suite 107, a street-level, 1,300 square foot space, offers a versatile layout combining storefront and office areas, including four private offices, a kitchenette, and a restroom. Lease rate is $18.00 per square foot per year, plus an estimated $5.80 per square foot per year in NNN expenses (approximately $2,578.33 per month). Suite 201, a 469 square foot second-floor suite, is available for sublease. This open-plan space features large windows, a kitchenette, premium finishes, and elevator access. The sublease rate is $16.97 per square foot per year, plus an estimated $8.60 per square foot per year in NNN expenses ($1,056.89 per month), with utilities included. Pennington County location provides easy access to downtown amenities.

    Property profile
    Verified
    Property type Investment properties
    Use group STORE/OFFICE (MIXED USE)
    Year built 2000
    Total area 27,807 SF
    Lot 3.63 ac (158,123 SF)
    APN 20-35-451-023
    UPID US79-0118338
    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
    • First Command Financial Advisor
    • Melissa Everhart Senior VA Mortgage Lender Loan Service Bank
    • Dr. Jeffrey G. Olson, DDS Dental Office
    • Rocknak Shaun R DDS Dental Office
    • Colvin-Jankord Ladel Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.19M
    Owner & transaction history
    RB CAPITAL LLC
    RB CAPITAL LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message