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Property profile & analytics
OFF-MARKET
Medical Office Space

3810 Jackson Blvd Rapid City, SD 57702-3246

3,568 SF 0.79 ac lot Built 1977
Entity Owned Free & Clear
Property ID
US79-0584333
Property summary
AI-generated overview

This exceptional 7,136-square-foot office building, located at 3810 Jackson Blvd in Rapid City, South Dakota, presents a unique investment opportunity. Built in 1977 and renovated in 2003, this property boasts a prime location in the heart of west Rapid. The building is currently configured as a multi-tenant space, ideal for a variety of uses. The main level features three large offices, nine exam rooms, an x-ray room, three nurse stations, a reception area, a spacious waiting area, common bathrooms, and a breakroom. The lower level offers additional office and conference room space, potential on-call living quarters, and ample storage. The 0.79-acre lot provides ample parking and outdoor space. This versatile property is well-suited for a multi-doctor family practice, dental office, or an expanding professional firm such as an accounting, financial advisory, or legal practice. The asking price is $1,325,000, with a price per square foot of $185.68. This sale-leaseback opportunity offers significant potential for return on investment. The property's flexible layout and desirable location make it an attractive option for a wide range of businesses. The zip code is 57702.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1977
Total area 3,568 SF
Lot 0.79 ac (34,412 SF)
APN 37-09-179-029
UPID US79-0584333
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rapid City Medical Center Westside Medical Clinic
  • Johnson Jennifer PA-C Physician
  • Rapid City Medical Center Llp W Medical Clinic
  • Dr. Samuel W. Huot, MD Pediatrician Physician
  • David A Johnson, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
PHYSICIANS REAL EST LLP
PHYSICIANS REAL EST LLP
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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