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    Property profile & analytics

    1506 Mtn Vw Rd Rapid City, SD 57702-4383

    • Office buildings
    • 2,402 SF
    • 0.31 lot acres
    OFF-MARKET
    Value Estimation
    $325,000
    Location Intelligence
    Property ID
    US79-0665084
    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

    • MONUMENT LAW / Real Estate Attorney / Business Development Service
    • Pasqualucci Law Office / Real Estate Attorney / Law Firm
    • Tina Hogue / Attorney
    • EPC Services Company / General Contractor
    • Monument Realty / Real Estate Agency / Commercial Real Estate Agency

    Property Details for 1506 Mtn Vw Rd

    Year built
    1995
    Lot size
    0.31 lot acres
    Property size
    2,402 SF
    Property type
    Office buildings
    APN
    37-03-428-016
    APU
    3703428016

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $435,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $415,000
      Retail
      $425,000
      Mixed-Use
      $415,000
      Hospitality
      $445,000
      Educational
      $390,000
      Residential Income
      $375,000
      Energy
      $330,000
      Income-Based Land
      $420,000
      Food Service
      $365,000

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.255
    Latitude
    44.0717
    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
    $5,336
    $79,800
    $303,800
    $383,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,798 SF

      1920 Plz Blvd

      OFFICE BUILDING • 15,798 SF
      1920 Plz Blvd, Rapid City, SD 57702-9354
      View Details
    • Value Estimation by Request
      14,912 SF

      3535 Range Rd

      OFFICE BUILDING • 14,912 SF
      3535 Range Rd, Rapid City, SD 57702-0633
      View Details
    • Value Estimation by Request
      5,008 SF

      2822 Jackson Blvd

      OFFICE BUILDING • 5,008 SF
      2822 Jackson Blvd, Rapid City, SD 57702-3496
      View Details
    • Value Estimation by Request
      14,240 SF

      2525 Main St

      OFFICE BUILDING • 14,240 SF
      2525 Main St, Rapid City, SD 57702-0901
      View Details
    • Value Estimation by Request
      56,316 SF

      7001 Mt Rushmore Rd

      OFFICE BUILDING • 56,316 SF
      7001 Mt Rushmore Rd, Rapid City, SD 57702-8752
      View Details
    • Value Estimation by Request
      10,746 SF

      4200 Bch Dr

      OFFICE BUILDING • 10,746 SF
      4200 Bch Dr, Rapid City, SD 57702-4980
      View Details

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      Rapid City Retail/Office Opportunity

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    • $200,000
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      Rapid City Residential Dream Home

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      High-end lot for custom dream home with utilities available.
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      Established Business Opportunity in Rapid

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    Similar Nearby for Lease

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    • $17 SF/Yr
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      Prime Office Space, Rapid City, SD
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    • $1.00 SF/Yr
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      Creekside Professional Office Space

      Office space in well-maintained business park near amenities.
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      View Details
    • Contact for pricing
      1,792 SF

      Rapid City Office Space Available

      Office space available for rent in Rapid City, SD.
      2800 Jackson Blvd, Rapid City, SD 57702
      View Details
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    Rapid City, SD 57702-4383
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    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
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