Property profile

702 Hwy 16a Keystone, SD 57751

OFF-MARKET
Motels
Property ID
US79-0330101
6,617 SF 0.65 ac lot Built 1991
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Hospitality property located in the Black Hills of South Dakota, positioned next to the Keystone Strip Mall and on Highway 16A near Mount Rushmore National Memorial. The property consists of a three-story hotel building containing 42 guest rooms and amenities including a breakfast lounge area, ice machines, and a guest laundry facility. An unused pool building is located on-site. The property covers 19,228 square feet on a 0.65-acre lot, and it features recent exterior carpet upgrades. The location provides direct access along Highway 16A and is within the Keystone area, a high-traffic summer tourism market in the Black Hills.

Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1991
Total area 6,617 SF
Lot 0.65 ac (28,314 SF)
APN 70-08-405-001
UPID US79-0330101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

702 Hwy 16a Keystone, SD 57751-2071
Keystone metro Census 11005 RAPID CITY, SD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 702 Hwy 16a?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message