Financial
Distress signals
Property profile

1625 Lando Ln Rapid City, SD 57701

FOR LEASE
Strip malls
Property ID
US79-0617874
8,000 SF 1.5 ac lot Built 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Suites 100 and 200 are configured together as a combined 4,000 SF retail space featuring an open showroom, a stockroom, two support rooms, and one restroom. The interior layout includes two front entrances and two rear exits, with 17-foot ceilings throughout. An 8' x 10' overhead door provides access to the stockroom for receiving and deliveries. The building was constructed in 2020 and is zoned General Commercial. The property is located at 1625 Lando Lane in Rapid City, along the E North St

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$26k
Tax billed · 2023
Assessed value · 2024$1.84M
Assessed land$392k
Assessed improvement$1.45M
Effective rate1.39%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$395k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$6k
Operating expenses−$20k
NOI · 4,636,800.00% cap applied$46k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
4,636,800.00%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPENNINGTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.2
HVAC Service10.4
Plumbing Service9.3

Location

1625 Lando Ln Rapid City, SD 57701
County assessor Recorded deeds · not on file Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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
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