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    Property profile & analytics

    5622 Sheridan Lk Rd Rapid City, SD 57702-8880

    • Strip malls
    • 11,100 SF
    • 1.88 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US79-0291470
    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

    • Strive Fitness / Gym
    • Wings and Rings / Chicken Restaurant / Family Restaurant
    • Jesse Ham / Physical Therapist
    • Laura Bonsness / Physical Therapist
    • MyBeautyMed / Travel Agency

    Property Details for 5622 Sheridan Lk Rd

    Year built
    2007
    Lot size
    1.88 lot acres
    Property size
    11,100 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    37-22-303-002
    APU
    3722303002

    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
    -103.271
    Latitude
    44.0286
    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
    $23,833
    $309,800
    $1,525,000
    $1,834,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      1631 Addison Ave

      SHOPPING CENTER, STRIP CENTER • 7,200 SF
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      9,940 SF

      2495 Chicago St

      SHOPPING CENTER, STRIP CENTER • 9,940 SF
      2495 Chicago St, Rapid City, SD 57702-2900
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      6,156 SF

      3452 Sturgis Rd

      SHOPPING CENTER, STRIP CENTER • 6,156 SF
      3452 Sturgis Rd, Rapid City, SD 57702
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      6,929 SF

      1727 Main St

      SHOPPING CENTER, STRIP CENTER • 6,929 SF
      1727 Main St, Rapid City, SD 57702-2500
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    • Value Estimation by Request
      11,706 SF

      3618 Cyn Lk Dr

      SHOPPING CENTER, STRIP CENTER • 11,706 SF
      3618 Cyn Lk Dr, Rapid City, SD 57702-1027
      View Details
    • Value Estimation
      $415,000
      4,452 SF

      2144 Jackson Blvd

      SHOPPING CENTER, STRIP CENTER • 4,452 SF
      2144 Jackson Blvd, Rapid City, SD 57702-1500
      View Details

    Similar Nearby for Sale

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      Rapid City Retail/Office Opportunity

      Historic building conversion to retail and office spaces available now.
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      Rapid City Residential Dream Home

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      Residential Lot in Highpointe Ranch

      High-end lot for custom dream home with utilities available.
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      Rapid City Residential Lot

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    Similar Nearby for Lease

    • Contact for pricing
      19,166 SF

      Sturgis Road Retail Space For Lease

      Prime Retail Space, Build-to-Suit Opportunity
      3436 Sturgis Rd, Rapid City, SD 57702
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    • $20 SF/Yr
      21,745 SF

      Peaks on the Horizon: Executive Office Space

      Historic building, stunning views, one suite left.
      7201 Mount Rushmore Rd, Rapid City, SD 57702
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    • $20 SF/Yr
      2,400 SF

      Deadwood Ave Office Space

      Rapid City, SD Office - 2400 sq ft
      1161 Deadwood Ave, Rapid City, SD 57702
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    • $11 SF/Yr
      8,000 SF

      Modern Rapid City Warehouse Space

      Interstate-adjacent warehouse, flexible space.
      2320 Sophia Ct, Rapid City, SD 57702
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    • $1.00 SF/Yr
      2,160 SF

      Rapid City Warehouse Storage Space

      2,160 SF shop or warehouse space for lease.
      2050 N Deadwood Ave, Rapid City, SD 57702
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    • $1.00 SF/Yr
      2,484 SF

      Rapid City Industrial Shop Space

      Industrial shop space for lease in Rapid City, South Dakota.
      3075 N Plaza Dr, Rapid City, SD 57702
      View Details

    Property Visit Statistics

    • Visits by month
      19.2k
    • Visitors by month
      11.8k
    • Avg Time on site
      71 min
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    5622 Sheridan Lk Rd
    Rapid City, SD 57702-8880
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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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