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Individually Owned Property summary
This exceptional investment opportunity presents a 3,720-square-foot, single-story, free-standing building situated on a substantial 34,848-square-foot lot in Rapid City, South Dakota. Built in 2001, the property boasts a highly desirable drive-thru configuration, perfectly suited for quick-service restaurant operations. Located at 2400 Mt Rushmore Rd, zip code 57701, this property benefits from exceptional visibility and high traffic counts, averaging 24,000 vehicles daily. The building has… served as an Arby's restaurant for two decades, demonstrating its strong potential for continued success in this prime location. The property's strategic placement within a vibrant commercial area is further enhanced by the proximity of other major national tenants, including McDonald's, Sonic, Perkins, and Safeway, creating a synergistic environment and attracting significant consumer traffic. The asking price is $1,200,000, translating to $322.58 per square foot. This represents a compelling investment opportunity in a thriving market. The property is currently vacant and ready for immediate occupancy or lease.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,466 SF
- Lot area
- 0.46 ac
- Year built
- 2001
- Stories
- 1
- APN
- 37-12-152-007
- Assessed value · 2024
- $798,000
- Annual tax · 2023
- $10,211
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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