405 Omaha St Rapid City, SD 57701-2975
This single-tenant office space, located at 405 E Omaha St, Rapid City, SD 57701, offers 1,187 square feet of versatile space. Previously used as a physical therapy practice, the layout includes a large open area, three smaller offices, one larger office, and a restroom. Some layout flexibility is available. Situated on a 0.56-acre lot in a high-traffic area on Omaha Street, a major east-west corridor in Rapid City, this property benefits from high visibility and excellent accessibility. Ample parking is available, and a nearby bus stop enhances convenience. A prominent monument sign is ready for your business branding. The building was constructed in 1973 and is zoned General. The property is part of a larger office building in Pennington County. The lease rate is $14.95 per square foot base rent plus NNN charges, totaling $1,750 per month. Utilities are currently included in the base rent. This location presents a fantastic opportunity for businesses seeking a prominent and accessible space in a thriving area of Rapid City.
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Mike Brewer Agency, Inc American Family Insurance Insurance Agency
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Natural Health Center of the Dakotas Physician Alternative Medicine Practice
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Dr. Dureece Lingwall Physician
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Dureece Lucille Lingwall Physician
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Kelsey Olson Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.