Rapid City, SD Shopping Centers for Sale

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Box Elder, SD Summerset, SD Black Hawk, SD

Updated: Feb 16

Rapid City Retail Investment Property

1845 Haines Ave, Rapid City, SD 57701

$9,060,000

121,440 sqft

High‑visibility retail property located off Interstate 90.
National tenants: NAPA Auto Parts & Planet Fitness.
New 12‑year NNN leases with renewal options.
Recent capital improvements completed (2024–2025).
Offered at a 7.50% Year One cap rate.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 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.

Renovated Indoor Retail Mall

315 N Center Avenue, Hardin, MT 59034

$275,000

11,604 sqft · 0.24 AC lot

Recently renovated downtown shopping mall with a mezzanine offering office space for multiple tenant concepts.

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Fully Leased Retail Property

1003 E Interstate Ave, Bismarck, ND

$1,200,000

12,500 sqft · 0.91 AC lot

Fully leased retail property in a great north location.

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Renovated Indoor Retail Mall

315 N Center Avenue, Hardin, MT 59034

$275,000

11,604 sqft

Recently renovated indoor mall with office mezzanine and a mix of specialty retail tenants.

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Bismarck Shopping Center For Sale

204 E Boulevard Ave, Bismarck, ND

$6,000,000

51,419 sqft · 4.35 AC lot

86% occupied shopping center in central Bismarck location.

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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.

Rapid City Commercial Land For Sale

TBD N Mall Drive, Rapid City, SD 57701

$1,200,000

11.36 AC lot

Highly visible 11.36 acre lot in expanding retail corridor.

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Rapid City Commercial Development Land

621 E Mall Dr, Rapid City, SD 57701

$1,875,885

7.23 AC lot

7.23-acre commercial development land with utilities in active retail area.

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Gillette Commercial Land For Sale

3000 Lakeway Rd W, Gillette, WY 82718

$1,050,000

32.75 AC lot

32.75 acres of commercial land in Gillette, Wyoming.

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Shovel-Ready Retail Development Land

3820 E PERSHING BLVD, Cheyenne, WY 82001

$1,200,000

1.12 AC lot

Vacant, zoned MUB land with water and sewer on site, suitable for retail or restaurant build-to-suit plans.

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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.

WHOLESALE OUTLET, DISCOUNT STORE

737 Disk Dr, Rapid City, SD 57701-7802

$2,455,000

Estimated value

88,661 sqft · 9.23 AC lot

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SHOPPING CENTER, STRIP CENTER

811 Disk Dr, Rapid City, SD 57701-7947

$510,000

Estimated value

20,041 sqft · 2.43 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

4887 Long Vw Rd, Rapid City, SD 57703-6764

$565,000

Estimated value

9,354 sqft · 1.50 AC lot

View details

SHOPPING CENTER, STRIP CENTER

911 Saint Patrick St, Rapid City, SD 57701-5752

$565,000

Estimated value

21,600 sqft · 1.72 AC lot

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SHOPPING CENTER, STRIP CENTER

2144 Jackson Blvd, Rapid City, SD 57702-1500

Value Estimation by Request

4,452 sqft · 0.46 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

415 En St, Rapid City, SD 57701-1460

Value Estimation by Request

7,020 sqft · 0.59 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

611 Timmons Blvd, Rapid City, SD 57703-5713

$585,000

Estimated value

10,102 sqft · 1.25 AC lot

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SHOPPING CENTER, STRIP CENTER

840 Timmons Blvd, Rapid City, SD 57703-5715

Value Estimation by Request

7,000 sqft · 0.80 AC lot

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SHOPPING CENTER, STRIP CENTER

3452 Sturgis Rd, Rapid City, SD 57702

Value Estimation by Request

6,156 sqft · 1.20 AC lot

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SHOPPING CENTER, STRIP CENTER

3645 Sturgis Rd, Rapid City, SD 57702-0338

$750,000

Estimated value

20,400 sqft · 1.28 AC lot

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SHOPPING CENTER, STRIP CENTER

36 Stumer Rd, Rapid City, SD 57701-6419

$835,000

Estimated value

14,624 sqft · 10.97 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

100 Stumer Rd, Rapid City, SD 57701-6417

$4,435,000

Estimated value

164,294 sqft · 19.00 AC lot

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SHOPPING CENTER, STRIP CENTER

5622 Sheridan Lk Rd, Rapid City, SD 57702-8880

$565,000

Estimated value

11,100 sqft · 1.88 AC lot

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SHOPPING CENTER, STRIP CENTER

5734 Sheridan Lk Rd, Rapid City, SD 57702-8811

$510,000

Estimated value

11,088 sqft · 2.50 AC lot

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SHOPPING CENTER, STRIP CENTER

5312 Sheridan Lk Rd, Rapid City, SD 57702-8344

Value Estimation by Request

9,000 sqft · 1.95 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

1550 Samco Rd, Rapid City, SD 57702-8011

Value Estimation by Request

5,664 sqft · 1.09 AC lot

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SHOPPING CENTER, STRIP CENTER

1624 Saint Patrick St, Rapid City, SD 57703-4207

$2,945,000

Estimated value

160,212 sqft · 2.48 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

621 Saint Patrick St, Rapid City, SD 57701-3902

$930,000

Estimated value

20,900 sqft · 9.14 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

1137 Saint Patrick St, Rapid City, SD 57701-5754

$575,000

Estimated value

7,428 sqft · 1.60 AC lot

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WHOLESALE OUTLET, DISCOUNT STORE

1025 Saint Patrick St, Rapid City, SD 57701-5753

Value Estimation by Request

9,184 sqft · 0.92 AC lot

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SHOPPING CENTER, STRIP CENTER

909 Saint Patrick St, Rapid City, SD 57701-5752

$805,000

Estimated value

32,400 sqft · 2.43 AC lot

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SHOPPING CENTER, STRIP CENTER

1302 Saint Patrick St, Rapid City, SD 57701-3018

Value Estimation by Request

6,380 sqft · 0.59 AC lot

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SHOPPING CENTER, STRIP CENTER

301 Saint Patrick St, Rapid City, SD 57701-5620

$585,000

Estimated value

21,750 sqft · 1.36 AC lot

View details

Rapid City, SD Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Rapid City, SD on our real estate platform. These investment opportunities span a total of 121,440 square feet of properties for sale, with an estimated market value of $9,060,000.

Sale prices for plazas in Rapid City, SD start at $9,060,000, averaging $9,060,000, and reaching up to $9,060,000 — 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

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	$9.1M

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)

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Rapid City, SD Shopping Centers for Sale

1845 Haines Ave, Rapid City, SD 57701

Opportunities in Nearby Cities

315 N Center Avenue, Hardin, MT 59034

1003 E Interstate Ave, Bismarck, ND

315 N Center Avenue, Hardin, MT 59034

204 E Boulevard Ave, Bismarck, ND

Potential Development Sites for Consideration

TBD N Mall Drive, Rapid City, SD 57701

621 E Mall Dr, Rapid City, SD 57701

3000 Lakeway Rd W, Gillette, WY 82718

3820 E PERSHING BLVD, Cheyenne, WY 82001

Off-Market Properties in Rapid City, SD

737 Disk Dr, Rapid City, SD 57701-7802

811 Disk Dr, Rapid City, SD 57701-7947

4887 Long Vw Rd, Rapid City, SD 57703-6764

911 Saint Patrick St, Rapid City, SD 57701-5752

2144 Jackson Blvd, Rapid City, SD 57702-1500

415 En St, Rapid City, SD 57701-1460

611 Timmons Blvd, Rapid City, SD 57703-5713

840 Timmons Blvd, Rapid City, SD 57703-5715

3452 Sturgis Rd, Rapid City, SD 57702

3645 Sturgis Rd, Rapid City, SD 57702-0338

36 Stumer Rd, Rapid City, SD 57701-6419

100 Stumer Rd, Rapid City, SD 57701-6417

5622 Sheridan Lk Rd, Rapid City, SD 57702-8880

5734 Sheridan Lk Rd, Rapid City, SD 57702-8811

5312 Sheridan Lk Rd, Rapid City, SD 57702-8344

1550 Samco Rd, Rapid City, SD 57702-8011

1624 Saint Patrick St, Rapid City, SD 57703-4207

621 Saint Patrick St, Rapid City, SD 57701-3902

1137 Saint Patrick St, Rapid City, SD 57701-5754

1025 Saint Patrick St, Rapid City, SD 57701-5753

909 Saint Patrick St, Rapid City, SD 57701-5752

1302 Saint Patrick St, Rapid City, SD 57701-3018

301 Saint Patrick St, Rapid City, SD 57701-5620

Rapid City, SD Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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