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    Property profile & analytics

    1585 Valley Dr Rapid City, SD 57703

    • Retail space
    • 1,920 SF
    • 0.33 lot acres
    For Sale
    View listing
    $450,000
    Value Estimation
    Location Intelligence
    Property ID
    US79-0385200
    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

    • Retail space

    Property Details for 1585 Valley Dr

    Year built
    1960
    Lot size
    0.33 lot acres
    Property size
    1,920 SF
    Property type
    Retail space
    APN
    38-05-431-001
    APU
    3805431001

    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
    -103.172
    Latitude
    44.0711
    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
    $3,132
    $57,500
    $163,400
    $220,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,152 SF

      2211 Hwy 44

      RETAIL STORES (PERSONAL SERVICES) • 6,152 SF
      2211 Hwy 44, Rapid City, SD 57703-2225
      View Details
    • Value Estimation by Request
      7,310 SF

      2962 Jolly Ln

      RETAIL STORES (PERSONAL SERVICES) • 7,310 SF
      2962 Jolly Ln, Rapid City, SD 57703-6075
      View Details
    • Value Estimation by Request
      2,304 SF

      2613 Hwy 44

      RETAIL STORES (PERSONAL SERVICES) • 2,304 SF
      2613 Hwy 44, Rapid City, SD 57703-4037
      View Details
    • Value Estimation by Request
      11,350 SF

      1711 Anamosa St

      RETAIL STORES (PERSONAL SERVICES) • 11,350 SF
      1711 Anamosa St, Rapid City, SD 57703-6801
      View Details
    • Value Estimation by Request
      1,232 SF

      3010 Hwy 44

      RETAIL STORES (PERSONAL SERVICES) • 1,232 SF
      3010 Hwy 44, Rapid City, SD 57703-4724
      View Details
    • Value Estimation
      $330,000
      4,032 SF

      3955 Hwy 44

      RETAIL STORES (PERSONAL SERVICES) • 4,032 SF
      3955 Hwy 44, Rapid City, SD 57703
      View Details

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      Residential Lot in Golf Community

      Residential lot in a coveted golf course community.
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      Premium residential lots in a growing Rapid City location.
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    Similar Nearby for Lease

    • $10 SF/Yr
      33,750 SF

      Prime Retail/Warehouse Space Available

      New Construction, Flexible Units, E St Patrick St
      2507 Saint Patrick St, Rapid City, SD 57703
      View Details
    • $12 SF/Yr
      2,500 SF

      Turn-Key Professional Office Space

      Professional office space with offices, conference room, and training lab.
      4624 Creek Dr, Rapid City, SD 57703
      View Details
    • $24 SF/Yr
      3,200 SF

      Professional Office Space Available

      Turn-key office space in Rushmore Business Park.
      3620 Homestead St, Rapid City, SD 57703
      View Details
    • $1.00 SF/Yr
      24,000 SF

      New Warehouse Spaces Available

      New warehouse spaces for lease with flexible unit sizes.
      3460 Jet Dr, Rapid City, SD 57703
      View Details
    • $1.00 SF/Yr
      13,568 SF

      Industrial Warehouse Near Highway 44

      13,568 SF industrial warehouse with ample outdoor storage.
      940 Kennel Dr, Rapid City, SD 57703
      View Details

    Property Visit Statistics

    • Visits by month
      2.8k
    • Visitors by month
      2.6k
    • Avg Time on site
      6 min
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    1585 Valley Dr
    Rapid City, SD 57703
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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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