Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2800 Jackson Blvd Rapid City, SD 57702

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2800 Jackson Blvd Rapid City, SD 57702

    View on Map
    • Medical Office Space
    • 12,863 SF
    • 2.84 lot acres
    For Lease
    View Listing →
    Rapid City Office Space Available For Lease
    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
    View Listing
    Property ID
    US79-0151553
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dakota Regional Periodontics / Dental Office
    • Laura E. Davies, DDS / Dental Office
    • Harold A. Doerr, DDS / Dental Office
    • Stonecipher Carl R DDS / Dental Office
    • Fibonacci Dental Studio / Dental Office

    Property Details for 2800 Jackson Blvd

    Year built
    1967
    Lot size
    2.84 lot acres
    Property size
    12,863 SF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    37-03-376-004
    APU
    3703376004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Rapid City
    County
    Pennington
    State
    South Dakota
    Longitude
    -103.266
    Latitude
    44.0694
    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
    $24,666
    $541,900
    $1,187,600
    $1,729,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $775,000
      6,604 SF

      5430 Sheridan Lk Rd

      MEDICAL BUILDING • 6,604 SF
      5430 Sheridan Lk Rd, Rapid City, SD 57702-9208
      View Details
    • Value Estimation by Request
      2,730 SF

      3820 Jackson Blvd

      MEDICAL BUILDING • 2,730 SF
      3820 Jackson Blvd, Rapid City, SD 57702-3202
      View Details
    • Value Estimation
      $605,000
      5,060 SF

      1136 Jackson Blvd

      MEDICAL BUILDING • 5,060 SF
      1136 Jackson Blvd, Rapid City, SD 57702-4396
      View Details
    • Value Estimation by Request
      6,480 SF

      2020 Jackson Blvd

      MEDICAL BUILDING • 6,480 SF
      2020 Jackson Blvd, Rapid City, SD 57702-3484
      View Details
    • Value Estimation by Request
      1,868 SF

      3712 Cyn Lk Dr

      MEDICAL BUILDING • 1,868 SF
      3712 Cyn Lk Dr, Rapid City, SD 57702-3198
      View Details
    • Value Estimation by Request
      1,488 SF

      208 Federal Ave

      MEDICAL BUILDING • 1,488 SF
      208 Federal Ave, Rapid City, SD 57702-2326
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,843 SF

      Creekside Office Building Investment Opportunity

      Well-located office building with high occupancy and investment potential.
      2620 Jackson Blvd, Rapid City, SD 57702
      View Details
    • $1,495,000
      11,843 SF

      Rapid City Office Building Investment

      Well-located office building with suites, investment or owner-occupancy opportunity.
      2620 Jackson Blvd, Rapid City, SD 57702
      View Details
    • Contact for pricing
      3,315 SF

      Retail/Office Space with Black Hills Views

      Multi-unit retail and office spaces with planned improvements and outdoor seating.
      7201 Mt. Rushmore Rd, Rapid City, SD 57702
      View Details
    • $229,000

      High-Visibility Corner Lot For Sale

      Corner lot suitable for retail or office development.
      3637 Sturgis Rd, Rapid City, SD 57702
      View Details
    • $200,000
      0.26 Acres

      Rapid City Residential Lot

      High-end lot in Rapid City's coveted Highpointe Ranch North.
      5836 Wind River Rd, Rapid City, SD 57702
      View Details
    • $195,000
      0.25 Acres

      Residential Lot in Highpointe Ranch

      Prime lot for a custom dream home with breathtaking views.
      5850 Wind River Rd, Rapid City, SD 57702
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      2,958 SF

      West Rapid City Office Space

      Class A office suite in high-traffic West Rapid City location.
      1136 Jackson Blvd, Rapid City, SD 57702
      View Details
    • Contact for pricing

      Professional Office Suite For Lease

      Well-appointed office suite with modern finishes and functional layout.
      1818 W Fulton St, Rapid City, SD 57702
      View Details
    • Contact for pricing

      Fulton Plaza Garden Level Office

      1,513 SF office space in a prime location.
      1818 W Fulton St, Rapid City, SD 57702
      View Details
    • Contact for pricing

      Historic Factory Retail/Office Facility

      Multi-unit retail and office facility with original features.
      7201 Mount Rushmore Rd, Rapid City, SD 57702
      View Details
    • Contact for pricing

      Creekside Professional Office Space Available

      Office space with up to 10 private offices for lease.
      2620 Jackson Blvd, Rapid City, SD 57702
      View Details
    • Contact for pricing

      Rapid City Office & Warehouse

      Renovated office and shop space with easy Interstate access.
      1825 Samco Rd, Rapid City, SD 57702
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2800 Jackson Blvd
    Rapid City, SD 57702
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!