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    Property profile & analytics

    2316 Mt Rushmore Rd Rapid City, SD 57701-5338

    • Drive through restaurants
    • 1,768 SF
    • 0.73 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0657142
    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

    • Sonic Drive-In / Fast Food Restaurant

    Property Details for 2316 Mt Rushmore Rd

    Year built
    2007
    Lot size
    0.73 lot acres
    Property size
    1,768 SF
    Property type
    Drive through restaurants
    APN
    37-11-279-001
    APU
    3711279001

    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
    -103.232
    Latitude
    44.0629
    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
    $14,512
    $476,100
    $590,900
    $1,067,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,900 SF

      130 Main St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,900 SF
      130 Main St, Rapid City, SD 57701-2834
      View Details
    • Value Estimation by Request
      4,896 SF

      604 5th St

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,896 SF
      604 5th St, Rapid City, SD 57701-2705
      View Details
    • Value Estimation by Request
      3,396 SF

      1620 Cambell St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,396 SF
      1620 Cambell St, Rapid City, SD 57701-4169
      View Details
    • Value Estimation by Request
      3,110 SF

      1204 En St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,110 SF
      1204 En St, Rapid City, SD 57701-1387
      View Details
    • Value Estimation by Request
      6,818 SF

      804 En St

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,818 SF
      804 En St, Rapid City, SD 57701-1689
      View Details
    • Value Estimation by Request
      2,472 SF

      562 Century Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,472 SF
      562 Century Rd, Rapid City, SD 57701
      View Details

    Similar Nearby for Sale

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    • Contact for pricing
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      Turn-Key Self-Storage Investment Opportunity

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    • $425,000
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      2.78 Acres, Prime Commercial Location
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    Similar Nearby for Lease

    • $1.00 SF/Yr
      6,000 SF

      Prime Rapid City Lease Opportunity

      High-traffic location suitable for retail, restaurant, or office.
      1002 W Main St, Rapid City, SD 57701
      View Details
    • $1.00 SF/Yr
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      High-traffic Rapid City location for retail, office, or restaurant.
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      Midland Shopping Center Retail Space

      Rapid City, SD Retail Opportunity
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    • $16 SF/Yr
      1,662 SF

      Rapid City Retail/Office Space

      Endcap suite suitable for retail, office, or health services.
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    • $7 SF/Yr
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      Haines Station Retail Space

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    • $24 SF/Yr
      12,480 SF

      Block 5 Retail Spaces Available

      Rapid City retail spaces, prime location.
      525 St Joseph St, Rapid City, SD 57701
      View Details

    Property Visit Statistics

    • Visits by month
      11.0k
    • Visitors by month
      9.6k
    • Avg Time on site
      52 min
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    2316 Mt Rushmore Rd
    Rapid City, SD 57701-5338
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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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