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    Property profile & analytics

    23821 Hwy 385 Hill City, SD 57745-6517

    • Office buildings
    • 1,568 SF
    • 8.08 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0221775
    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

    • Office buildings

    Property Details for 23821 Hwy 385

    Year built
    1962
    Lot size
    8.08 lot acres
    Property size
    1,568 SF
    Property type
    Office buildings
    APN
    52-22-101-002
    APU
    5222101002

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hill City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.514
    Latitude
    43.9522
    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
    $12,628
    $482,600
    $418,100
    $900,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $385,000
      1,716 SF

      341 Main St

      OFFICE BUILDING • 1,716 SF
      341 Main St, Hill City, SD 57745-3003
      View Details
    • Value Estimation
      $360,000
      612 SF

      451 Main St

      OFFICE BUILDING • 612 SF
      451 Main St, Hill City, SD 57745
      View Details
    • Value Estimation
      $365,000
      1,325 SF

      451 Main St

      OFFICE BUILDING • 1,325 SF
      451 Main St, Hill City, SD 57745
      View Details
    • Value Estimation
      $400,000
      1,200 SF

      23849 Hwy 385

      OFFICE BUILDING • 1,200 SF
      23849 Hwy 385, Hill City, SD 57745-6517
      View Details
    • Value Estimation
      $425,000
      4,020 SF

      533 Main St

      OFFICE BUILDING • 4,020 SF
      533 Main St, Hill City, SD 57745
      View Details
    • Value Estimation by Request
      1,152 SF

      23848 Hwy 385

      OFFICE BUILDING • 1,152 SF
      23848 Hwy 385, Hill City, SD 57745-6517
      View Details

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    23821 Hwy 385
    Hill City, SD 57745-6517
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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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