701 Main St Rapid City, SD 57701
Property Lookup
Property profile & analytics
701 Main St Rapid City, SD 57701
- Office buildings
- 17,328 SF
- 0.40 lot acres
Property ID
US79-0516001
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.
Location Intelligence
Current Use by Public Records
- First Stop Gun & Coin / Gun Shop / Hunting Store
- Mt Rushmore Wildlife Control Co / Animal Shelter / Pet Adoption Service
- Lyndon B. Johnson / Resort
- President Lyndon B. Johnson Statue / Resort
Property Details for 701 Main St
- Year built
- 1998
- Lot size
- 0.40 lot acres
- Property size
- 17,328 SF
- Property type
- Office buildings
- APN
- 37-01-104-026
- APU
- 3701104026
Description
This exceptional office space, located at 701 Main Street, Suites 207 & 209 in Rapid City, South Dakota, offers 1,570 square feet of versatile commercial space. The property is situated in the heart of the Central Business district, providing excellent visibility and accessibility. The suite features multiple offices and conference rooms, ideal for a variety of business needs. This single-tenant space is perfect for traditional office use, executive offices, coworking setups, medical practices, or creative businesses. Convenient sidewalk-level entry and elevator access ensure easy client access. The building sits on a 0.4-acre lot. The monthly lease rate is $1,600, plus utilities. Square footage is based on county equalization data. This prime location in Pennington County, zip code 57701, offers unparalleled convenience and exposure within Rapid City's thriving downtown area. The property's zoning designation is Central Business, reflecting its strategic location and suitability for a range of commercial uses. This is a fantastic opportunity to secure a well-appointed office space in a highly desirable location. Contact us today to schedule a viewing.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,945,000
- 6.5%
- $2,720,000
- 7%
- $2,525,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,366,000
Market price range: $898k - $2.86M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,950,000 Current use
- RESTAURANT
- $1,640,000 Change: -16% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Rapid City
- County
- Pennington
- State
- South Dakota
- Longitude
- -103.229
- Latitude
- 44.0811
- 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
$48,685
$348,500
$3,404,000
$3,752,500
-
$0.00
$0.00
$0.00
