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    Rapid City, SD
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    Rapid City, SD Schools for Sale

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    Box Elder, SD Summerset, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD Hermosa, SD
    One-Level Brick School Building
    Updated: Apr 14
    One-Level Brick School Building

    4021 Range Road, Rapid City, SD 57702

    Contact for pricing
    4,131 sqft
    4,131 SF one‑level brick building built in 1994 with zero‑entry access at all points (no steps)
    Fully sprinklered in 2019
    42 parking spaces plus overhead canopy for drop‑off of guests or supplies
    Looped concrete driveway for easy in‑and‑out access
    Montessori school use; previously church and daycare space
    View details
    Black Hills Landmark Property
    Updated: Oct 18, 2024
    Black Hills Landmark Property

    24100 S. Rockerville Road, Rapid City, SD 57701

    $7,000,000
    16,353 sqft 80.22 AC lot
    Over 80 acres of Black Hills real estate with architecturally designed structures in great condition.
    Landmark property with unlimited opportunities and uses (private school, training facility, resort, residential development, etc.).
    Primary structures include Flagship building (15,530 SF), Owen School building (16,353 SF), and historic Tully House cabin.
    No covenants.
    Includes well with 15,000‑gallon reservoir and seasonal Jenny Gulch Creek.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic School Building for Redevelopment
    Historic School Building for Redevelopment

    150 N Missouri St, Fort Peck, MT 59223

    $295,000
    17,520 sqft 1.72 AC lot

    Concrete and masonry school building with multiple rooms and a full gymnasium on 1.72 acres in Fort Peck.

    View details
    Historic School Redevelopment Building
    Historic School Redevelopment Building

    150 N Missouri St, Fort Peck, MT 59223

    $295,000
    17,520 sqft 1.72 AC lot

    Concrete and masonry school building with multiple rooms and a full gymnasium on a 1.72-acre in-town parcel.

    View details
    Denver School Campus For Sale
    Denver School Campus For Sale

    801 Yosemite St, Denver, CO 80230

    $14,500,000
    69,811 sqft 4.09 AC lot

    Purpose-built school campus with in-place income and growth potential.

    View details
    Historic Denver School Building For Sale
    Historic Denver School Building For Sale

    1420 N Ogden St, Denver, CO 80218

    $5,525,000
    0.12 AC lot

    Historic school building in Denver's urban core with parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Cross Plains Land Opportunity
    Cross Plains Land Opportunity

    L12 Lindale Drive lot: 12, Cross Plains, WI 53528

    $179,900
    0.32 AC lot

    Land for sale in proposed golf course community.

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    Cantera Business Park Land Opportunity
    Cantera Business Park Land Opportunity

    28301 Ferry Rd, Warrenville, IL 60555

    Contact for pricing
    161,209 sqft 19.00 AC lot

    19-acre site in Cantera Business Park, Warrenville, IL.

    View details
    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $599,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

    View details
    Commercially Zoned Development Lot
    Commercially Zoned Development Lot

    1541 Hollywood Drive, Abilene, TX 79602

    Contact for pricing
    0.15 AC lot

    Build-ready commercial lot on Maple Street with zoning that supports a wide range of retail and service uses.

    View details

    Off-Market Properties in Rapid City, SD

    Consider similar Off-Market properties in Rapid City, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    127 Knollwood Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    127 Knollwood Dr, Rapid City, SD 57701-0693

    $645,000
    Estimated value
    16,824 sqft 1.80 AC lot
    View details

    Rapid City, SD Schools Market Trends and Statistics

    Explore 3 schools for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 20,484 square feet of properties for sale, with an estimated market value of $7,000,000.

    Sale prices for school buildings & campuses in Rapid City, SD average $7,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Day care centers 2
    NNN properties 2
    Schools 2

    Demographics Overview

    Population 99K
    Population Growth (5Y) +3.2%
    Median Household Income $70,356
    College Educated 33.1%

    High-Yield Neighborhoods for Investment

    Identify Rapid City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    57701 $3.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.36%
    Property Tax per SF $31.57 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Pennington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Rapid City fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Rapid City, SD

    • 57701
    • 57702

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