Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1331 Omaha St Rapid City, SD 57701-3164

    • Outlet malls
    • 26,258 SF
    • 2.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0449428
    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.

    Current Use by Public Records

    • Office Depot Tech Services / Computer Consultant / Phone Repair Service
    • RE/MAX Advantage Kelly Howie Team / Real Estate Agency / Real Estate Agent
    • RE/MAX Advantage / Real Estate Agency / Commercial Real Estate Agency
    • Rick Ludeman / Real Estate Agency / Real Estate Agent
    • Klock Agents of RE/MAX Advantage / Real Estate Agency

    Property Details for 1331 Omaha St

    Year built
    2000
    Lot size
    2.08 lot acres
    Property size
    26,258 SF
    Property type
    Outlet malls
    APN
    20-35-451-022
    APU
    2035451022

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.241
    Latitude
    44.0837
    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
    $31,108
    $588,900
    $1,586,200
    $2,175,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      19,953 SF

      611 Lindbergh Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 19,953 SF
      611 Lindbergh Ave, Rapid City, SD 57701-3120
      View Details
    • Value Estimation by Request
      164,294 SF

      100 Stumer Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 164,294 SF
      100 Stumer Rd, Rapid City, SD 57701-6417
      View Details
    • Value Estimation by Request
      66,792 SF

      490 Disk Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 66,792 SF
      490 Disk Dr, Rapid City, SD 57701-7861
      View Details
    • Value Estimation by Request
      58,812 SF

      924 Eglin St

      WHOLESALE OUTLET, DISCOUNT STORE • 58,812 SF
      924 Eglin St, Rapid City, SD 57701-9525
      View Details
    • Value Estimation by Request
      11,900 SF

      240 Knollwood Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 11,900 SF
      240 Knollwood Dr, Rapid City, SD 57701-0621
      View Details
    • Value Estimation by Request
      30,000 SF

      2320 Maple Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 30,000 SF
      2320 Maple Ave, Rapid City, SD 57701-7849
      View Details

    Similar Nearby for Sale

    • $600,000

      Rapid City Bar & Liquor License

      Thriving Bar, Liquor License Included
      1902 Lacrosse St, Rapid City, SD 57701
      View Details
    • $499,000
      3,789 SF

      Mixed-Use Property in Rapid City

      Versatile property with office, shop space, and retail opportunity.
      29 Main St, Rapid City, SD 57701
      View Details
    • $399,000

      Rapid City Liquor License Available

      On-sale hard liquor license available in Rapid City, South Dakota.
      Liquor License Other, Rapid City, SD 57701
      View Details
    • Contact for pricing
      1,028 SF

      Retail/Office Space in Rapid City

      High-visibility retail or office space in Rapid City, South Dakota.
      1804 Cambell St, Rapid City, SD 57701
      View Details
    • $2,190,000
      6,497 SF

      Rapid City Restaurant - Turnkey Opportunity

      Fully equipped restaurant, 6,497 sq ft, prime location.
      620 Disk Dr, Rapid City, SD 57701
      View Details
    • $500,000
      21.88 Acres

      Rapid City Acreage Opportunity

      21.88 acres near Rapid City, South Dakota.
      4500 W Nike Rd, Rapid City, SD 57701
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr
      477,853 SF

      Class A Retail Suite

      Remodeled retail suite with high traffic and ample parking.
      36 E Stumer Rd, Rapid City, SD 57701
      View Details
    • $8 SF/Yr
      32,400 SF

      Midland Shopping Center Retail Space

      Rapid City, SD Retail Opportunity
      909 Saint Patrick St, Rapid City, SD 57701
      View Details
    • $16 SF/Yr
      1,662 SF

      Rapid City Retail/Office Space

      Endcap suite suitable for retail, office, or health services.
      811 Disk Dr, Rapid City, SD 57701
      View Details
    • $14 SF/Yr
      5,629 SF

      Rapid City Office/Retail Space

      Flexible space, high visibility location
      5955 Mount Rushmore Rd, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
      3,000 SF

      Prime Rapid City Build-to-Suit Opportunity

      High-traffic Rapid City location for retail, office, or restaurant.
      1002 W Main St, Rapid City, SD 57701
      View Details
    • $16 SF/Yr
      1,680 SF

      Versatile Flex Building for Lease

      1,440 SF flex building with additional 240 SF space.
      1802 Elm Ave, Rapid City, SD 57701
      View Details

    Property Visit Statistics

    • Visits by month
      17.6k
    • Visitors by month
      8.1k
    • Avg Time on site
      19 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1331 Omaha St
    Rapid City, SD 57701-3164
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.