1313 Lacrosse St Rapid City, SD 57701-6956
Property profile & analytics
1313 Lacrosse St Rapid City, SD 57701-6956
- Hotels
- 8,867 SF
- 1.00 lot acres
Property ID
US79-0430613
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Bella / Apartment Building
- Rodeway Inn Rapid City / Hotel & Motel
Property Details for 1313 Lacrosse St
- Year built
- 1979
- Lot size
- 1.00 lot acres
- Property size
- 8,867 SF
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 21-30-379-021
- APU
- 2130379021
Description
This exceptional 37-key hotel, the Rodeway Inn, presents a lucrative investment opportunity in the thriving tourism hub of Rapid City, South Dakota. Located at 1313 N Lacrosse St, this two-story property boasts 15,031 square feet on a 0.96-acre lot. Built in 1979, the hotel has undergone significant upgrades, contributing to its increasing revenue stream. Its prime location off Interstate 90 provides easy access to shopping, dining, and other amenities, capitalizing on the area's popularity as a gateway to the Black Hills. The asking price is $1,900,000, translating to $126.41 per square foot. The property's strong performance is fueled by the consistent influx of tourists drawn to the Black Hills region. Lacrosse Street's status as a main arterial road ensures high visibility and accessibility for guests. This well-maintained hotel offers a compelling return on investment for discerning buyers seeking a foothold in the robust South Dakota hospitality market. The property's strategic location and recent improvements position it for continued growth and profitability within the dynamic Black Hills tourism sector. This is a rare opportunity to acquire a well-established hotel with a proven track record of success.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.202
- Latitude
- 44.0984
- CBSA code
- 39660
- CBSA name
- RAPID CITY, SD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,931
$440,000
$991,600
$1,431,600
-
$0.00
$0.00
$0.00
