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    Property profile & analytics

    3231 Mall Dr Rapid City, SD 57701-7918

    • Outlet malls
    • 79,940 SF
    • 9.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0224733
    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

    • Cabela's / Sporting Goods Store / Ammunition Supplier
    • Sunglass Outfitters by Sunglass Hut / Sunglasses Store / Fashion Accessories Store
    • Knee Walker Rental Rapid City / Scooter Rental Service
    • U.S. Bank ATM / Atm
    • Mainstay / Hotel

    Property Details for 3231 Mall Dr

    Year built
    2008
    Lot size
    9.68 lot acres
    Property size
    79,940 SF
    Property type
    Outlet malls
    APN
    21-28-326-005
    APU
    2128326005

    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
    -103.163
    Latitude
    44.101
    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
    $124,710
    $1,686,600
    $7,059,200
    $8,745,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      100 Stumer Rd

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      490 Disk Dr

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      58,812 SF

      924 Eglin St

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      924 Eglin St, Rapid City, SD 57701-9525
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      11,900 SF

      240 Knollwood Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 11,900 SF
      240 Knollwood Dr, Rapid City, SD 57701-0621
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    • Value Estimation by Request
      30,000 SF

      2320 Maple Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 30,000 SF
      2320 Maple Ave, Rapid City, SD 57701-7849
      View Details

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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      59.7k
    • Visitors by month
      46.5k
    • Avg Time on site
      33 min
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    Rapid City, SD 57701-7918
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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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