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    Property profile & analytics

    1839 Main St Rapid City, SD 57702-2571

    • Office buildings
    • 3,364 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $345,000
    Location Intelligence
    Property ID
    US79-0663767
    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

    • Andy A Ainslie - State Farm Insurance Agent / Life Insurance Agency / Renter'S Insurance Agency
    • Patrick Wolff & Associates - Ameriprise Financial Services, LLC / Investment Service / Financial Planner
    • Pat Wolff - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Planner / Investment Service

    Property Details for 1839 Main St

    Year built
    1949
    Lot size
    0.19 lot acres
    Property size
    3,364 SF
    Property type
    Office buildings
    APN
    37-02-104-011
    APU
    3702104011

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $410,000
      7%
      $375,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $450,000
      Retail
      $460,000
      Mixed-Use
      $380,000
      Hospitality
      $410,000
      Educational
      $345,000
      Residential Income
      $400,000
      Energy
      $430,000
      Income-Based Land
      $405,000
      Food Service
      $405,000

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.25
    Latitude
    44.0809
    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
    $3,794
    $107,600
    $203,900
    $311,500
    -
    $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

    Similar Nearby for Sale

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      Rapid City Office Building Investment

      Well-located office building with suites, investment or owner-occupancy opportunity.
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    • $1,650,000
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      Creekside Office Park Investment

      Rapid City, SD Office Building - Net Lease
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      Rapid City Retail/Office Opportunity

      Historic building conversion to retail and office spaces available now.
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    • $600,000
      7.47 Acres

      Rapid City Residential Development Land

      7.47 acres suitable for apartments or townhomes in Rapid City.
      Tbd Harmony Hts Ln, Rapid City, SD 57702
      View Details
    • $180,000
      1.01 Acres

      Rapid City Residential Land Opportunity

      High-end executive lot in Rapid City's coveted Highpointe Ranch.
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    • $195,000
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      Rapid City Residential Land Opportunity

      High-end executive lot in Rapid City's coveted Highpointe Ranch.
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    Similar Nearby for Lease

    • $20 SF/Yr
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      Deadwood Ave Office Space

      Rapid City, SD Office - 2400 sq ft
      1161 Deadwood Ave, Rapid City, SD 57702
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    • $20 SF/Yr
      21,745 SF

      Peaks on the Horizon: Executive Office Space

      Historic building, stunning views, one suite left.
      7201 Mount Rushmore Rd, Rapid City, SD 57702
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    • $14 SF/Yr
      1,513 SF

      Fulton Plaza Office Suite, Rapid City

      1,513 SF Office, Prime West Side Location
      1818 Fulton St, Rapid City, SD 57702
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    • $17 SF/Yr
      2,665 SF

      Fulton Plaza Office Suite, Rapid City

      Prime Office Space, Rapid City, SD
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    • $1.00 SF/Yr
      2,634 SF

      Creekside Professional Office Space

      Office space in well-maintained business park near amenities.
      2620 Jackson Blvd, Rapid City, SD 57702
      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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    1839 Main St
    Rapid City, SD 57702-2571
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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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