Property profile

2090 Deadwood Ave Rapid City, SD 57702

OFF-MARKET
Manufacturing properties
Property ID
US79-0404500
41,848 SF 12.55 ac lot Built 1977
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 2090 N Deadwood Avenue in Rapid City, South Dakota, offers a total of 47,934 square feet of space, ideal for various manufacturing and warehouse operations. The building, constructed in 1977, is situated in Pennington County and boasts excellent visibility and accessibility. Multiple tenancy options are available, with spaces ranging from a minimum of 2,416 square feet to a maximum contiguous space of 14,990 square feet. Currently, 46,861 square feet is vacant, presenting a significant opportunity for businesses seeking immediate occupancy. The property benefits from its strategic location on the Deadwood Avenue corridor, providing high visibility and convenient access to Interstate 90. This prime location enjoys substantial traffic, with a 2022 traffic count of 14,462 vehicles per day. The property's zoning allows for a variety of uses, making it suitable for a wide range of businesses. The zip code is 57702. This is a rare opportunity to secure a well-located, sizable industrial space in a thriving South Dakota market. Contact us today to learn more about the available units and lease terms.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1977
Total area 41,848 SF
Lot 12.55 ac (546,678 SF)
APN 20-27-152-008
UPID US79-0404500

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash
  • (Bike/Boat/Book/etc) Store

Location

2090 Deadwood Ave Rapid City, SD 57702-0429
Rapid City metro Census 11400 RAPID CITY, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$1.95M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Warehouse, storage $2.7M +62.8%
Neighborhood: shopping center $2.1M +26.1%

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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