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    Rapid City, SD Specialty Properties for Sale

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    Aberdeen, SD Summerset, SD Box Elder, SD Piedmont, SD Black Hawk, SD Keystone, SD Nemo, SD Sturgis, SD
    7 properties
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    Single-Tenant NNN Day Care Facility
    Updated: Jul 24
    Single-Tenant NNN Day Care Facility

    1620 Concourse Court, Rapid City, SD 57703

    $900,000
    4,920 sqft 0.80 AC lot
    4,920 SF single‑tenant NNN leased building fully leased to Kindred Spirits, LLC (Lil Friends Learning Center of RC).
    Lease runs through January 31, 2034 (about seven years remaining on the initial term) with 2 additional 3‑year renewal options.
    True NNN structure: tenant responsibility for real estate taxes, insurance, repairs, maintenance, and capital replacement.
    Base rent increases 5% annually; property fully remodeled in 2021.
    Childcare setup includes reception area, full kitchen, five care rooms, multiple restrooms, and a fire protection system.
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    Retail Building Ready for Tenancy
    Updated: Jan 6
    Retail Building Ready for Tenancy

    114 East Blvd N, Rapid City, SD 57701

    $275,000
    5,000 sqft
    5,000 SF former Chris Supply commercial building with an open interior design after the dividing wall was removed
    Restrooms remodeled and walls painted
    Security and fire alarm updated
    Parking lot resurfaced with Clemons Asphalt in 2024; parking for 2 spots in the rear and 10 out front
    Includes 2 bathrooms, 2 water heaters, and 2 furnaces; could be split into 2 business locations
    View details
    Specialty Property For Sale
    Specialty Property For Sale

    114 E BLVD N, Rapid City, SD 57701

    $275,000
    5,000 sqft

    Specialty property offered for sale with a 5,000 sq ft total size in Pennington County.

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    See hot listings in Rapid City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Specialty Commercial Property Lot
    Specialty Commercial Property Lot

    603 TIMMONS BLVD, Rapid City, SD 57703

    $483,781

    Lot offered for sale on Timmons Blvd, located north of the Goodwill Store in Pennington County.

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    Specialty Commercial Property
    Specialty Commercial Property

    3610-A Eglin Street, Rapid City, SD 57703

    $710,000

    For sale specialty commercial property in Pennington County with access via Eglin Street.

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    Specialty Property For Sale
    Specialty Property For Sale

    3124 Fran Way, Rapid City, SD 57703

    $81,700

    For-sale specialty commercial property in Pennington County with access via I-90 exit 61.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Three-Asset NNN Property Portfolio
    Three-Asset NNN Property Portfolio

    2316 Mount Rushmore Road, Rapid City, SD 57701

    Contact for pricing

    Portfolio includes Sonic Drive-Ins in South Dakota’s two largest cities.

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    Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 7 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Specialty Property
    Specialty Property

    310 26th Street, Spearfish, SD 57783

    $1,549,000
    17,520 sqft

    The property includes forced-air heating and natural gas features within a commercial specialty asset.

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    Specialty Property For Sale
    Specialty Property For Sale

    1544 Lazelle Street, Sturgis, SD 57785

    $3,219,000

    Specialty commercial property for sale in Meade County, offering a straightforward acquisition opportunity for qualified buyers.

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    Corner Specialty Property
    Corner Specialty Property

    1958 Junction Avenue, Sturgis, SD 57785

    $249,500

    Specialty property positioned at the Junction Avenue and Park Street intersection.

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    Specialty Development Lot
    Specialty Development Lot

    lot 30 CENTENNIAL VISTA AVE, Spearfish, SD 57783

    $259,000

    Vacant lot offered for sale on Centennial Vista Avenue in Lawrence County, South Dakota.

    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.

    1339 En St
    DAY CARE, PRE-SCHOOL

    1339 En St, Rapid City, SD 57701-9572

    Estimated value:
    $460,000
    6,000 sqft 1.65 AC lot
    View details
    3459 Jet Dr
    DAY CARE, PRE-SCHOOL

    3459 Jet Dr, Rapid City, SD 57703-4760

    Estimated value:
    $280,000
    2,464 sqft 1.29 AC lot
    View details
    2915 Marlin Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS

    2915 Marlin Dr, Rapid City, SD 57703-6068

    Estimated value:
    $695,000
    4,748 sqft 9.94 AC lot
    View details
    3500 Chicago St
    VETERINARY, ANIMAL HOSPITAL

    3500 Chicago St, Rapid City, SD 57702-0320

    Estimated value:
    $365,000
    3,128 sqft 3.01 AC lot
    View details
    1655 Vly Dr
    VETERINARY, ANIMAL HOSPITAL

    1655 Vly Dr, Rapid City, SD 57703-6002

    Estimated value:
    $330,000
    5,840 sqft 1.96 AC lot
    View details
    23125 Thunderhead Fls Rd
    CHARITABLE ORGANIZATION

    23125 Thunderhead Fls Rd, Rapid City, SD 57702-8526

    Estimated value:
    $285,000
    3,540 sqft 17.48 AC lot
    View details
    6047 Tartan Ct
    DAY CARE, PRE-SCHOOL

    6047 Tartan Ct, Rapid City, SD 57701-4038

    Estimated value:
    $300,000
    2,714 sqft 3.21 AC lot
    View details
    4091 Sturgis Rd
    CHARITABLE ORGANIZATION

    4091 Sturgis Rd, Rapid City, SD 57702-0308

    Estimated value:
    $350,000
    8,000 sqft 5.00 AC lot
    View details
    841 Saint Patrick St
    CHARITABLE ORGANIZATION

    841 Saint Patrick St, Rapid City, SD 57701-5751

    Estimated value:
    $305,000
    9,600 sqft 0.91 AC lot
    View details
    922 Saint Patrick St
    CHARITABLE ORGANIZATION

    922 Saint Patrick St, Rapid City, SD 57701-3962

    Estimated value:
    $310,000
    5,800 sqft 0.51 AC lot
    View details
    632 Saint Francis St
    FUNERAL HOME

    632 Saint Francis St, Rapid City, SD 57701-4676

    Estimated value:
    $330,000
    4,653 sqft 0.40 AC lot
    View details
    1200 Range Vw Cir
    PROFESSIONAL CLUBS/ASSOCIATIONS

    1200 Range Vw Cir, Rapid City, SD 57701-2168

    Estimated value:
    $290,000
    7,890 sqft 2.59 AC lot
    View details
    4021 Range Rd
    DAY CARE, PRE-SCHOOL

    4021 Range Rd, Rapid City, SD 57702-0603

    Estimated value:
    $305,000
    4,131 sqft 1.03 AC lot
    View details
    830 Quincy St
    DAY CARE, PRE-SCHOOL

    830 Quincy St, Rapid City, SD 57701-2607

    Estimated value:
    $320,000
    3,660 sqft 0.17 AC lot
    View details
    2038 Promise Rd
    PROFESSIONAL CLUBS/ASSOCIATIONS

    2038 Promise Rd, Rapid City, SD 57701-8912

    Estimated value:
    $695,000
    4,759 sqft 7.78 AC lot
    View details
    2126 Philadelphia St
    PROFESSIONAL CLUBS/ASSOCIATIONS

    2126 Philadelphia St, Rapid City, SD 57703-1742

    Estimated value:
    $790,000
    5,448 sqft 8.00 AC lot
    View details
    Omaha St
    DAY CARE, PRE-SCHOOL

    Omaha St, Rapid City, SD 57702

    Estimated value:
    $145,000
    384 sqft 0.40 AC lot
    View details

    Rapid City, SD Specialty Properties Market Trends and Statistics

    Explore 64 specialty properties for sale in Rapid City, SD, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 14,920 square feet of properties for sale, with an estimated market value of $2,725,481.

    Sale prices for properties in Rapid City, SD start at $81,700, averaging $454,246, and reaching up to $900,000 — 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

    NNN properties 3
    Day care centers 1

    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 $275K
    57703 $543.9K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Pennington County

    Residential Income

    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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    • 57701

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