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    Rapid City, SD Specialty Properties for Sale

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    Box Elder, SD Summerset, SD Black Hawk, SD
    Rapid City Commercial Corner Property
    $450,000
    1,920 SF
    Rapid City Commercial Corner Property

    1585 Valley Drive, Rapid City, SD 57703

    Commercial property with showroom, garage, and highway frontage.
    • Highway 44 frontage with high traffic count (16,014 vehicles per day) and strong corner visibility.
    • Renovated in 2022 with a flexible layout. Suitable for automotive, retail, or office operations.
    • 1,920 SF building on a 0.33‑acre paved lot with a 1,275 SF showroom and 570 SF garage/service bay.
    • Heated and air‑conditioned interior suitable for showroom or service use.
    • Planned Valley Drive extension will improve access and increase traffic.
    Updated: Nov 13, 2025
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    Black Hills Landmark Property
    $7,000,000
    16,353 SF
    Black Hills Landmark Property

    24100 S. Rockerville Road, Rapid City, SD 57701

    80+ acres with architecturally designed structures in great condition.
    • 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.
    Updated: Mar 11
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    Established Learning Center Franchise Opportunity
    $85,000
    1,151 SF
    Established Learning Center Franchise Opportunity

    Profitable Sylvan Learning Center franchise for sale in Rapid City.

    1620 Mt Rushmore Rd, Rapid City, SD 57701

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    Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 3 Active listings in Rapid City, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Spacious Facility Near Main Street
    $995,000
    12,000 SF
    Spacious Facility Near Main Street

    Over 12,000 sq ft facility near Main Street.

    1105 5th Street, Sturgis, SD 57785

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    Specialty Property For Sale
    $3,899,000
    4,800 SF
    Specialty Property For Sale

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

    1544 LAZELLE, Sturgis, SD 57785

    View details
    Commercial Property in Box Elder
    $699,000
    4.33 Acres
    Commercial Property in Box Elder

    Commercial property for sale in Box Elder, South Dakota.

    4600 E Mall Dr, Box Elder, SD 57719

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    Radar Hill Drive Property
    $350,000
    Radar Hill Drive Property

    Property for sale in Box Elder, South Dakota.

    14810 RADAR HILL DR, Box Elder, SD 57719

    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.

    Southern Black Hills Acreage Available
    $129,900
    5.13 Acres
    Southern Black Hills Acreage Available

    Picturesque 5+ acre parcels in the Southern Black Hills.

    Tr. 3 Lariat Circle, Hot Springs, SD 57747

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    Versatile Building on 8.94 Acres
    $325,000
    6,000 SF
    Versatile Building on 8.94 Acres

    6,000 sq ft building suitable for residential or business.

    39748 Meadow Lake Road, Valentine, NE 69201

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    Commercial Lot Near New School
    $250,000
    Commercial Lot Near New School

    Commercial lot for sale with a variety of approved uses.

    8265 Wellington Blvd, Wellington, CO 80549

    View details
    35 Acres with Mountain Views
    $499,000
    35.00 Acres
    35 Acres with Mountain Views

    Land with panoramic views, reservoir access, and development potential.

    Dakota Valley Dr, Laporte, CO 80535

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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.

    1339 En St
    DAY CARE, PRE-SCHOOL
    6,000 SF Lot: 1.65 Acres
    Value Estimation by Request

    1339 En St, Rapid City, SD 57701-9572

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    3459 Jet Dr
    DAY CARE, PRE-SCHOOL
    2,464 SF Lot: 1.29 Acres
    Value Estimation by Request

    3459 Jet Dr, Rapid City, SD 57703-4760

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    2915 Marlin Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS
    4,748 SF Lot: 9.94 Acres
    Estimated value
    $695,000

    2915 Marlin Dr, Rapid City, SD 57703-6068

    View details
    3500 Chicago St
    VETERINARY, ANIMAL HOSPITAL
    3,128 SF Lot: 3.01 Acres
    Value Estimation by Request

    3500 Chicago St, Rapid City, SD 57702-0320

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    1655 Vly Dr
    VETERINARY, ANIMAL HOSPITAL
    5,840 SF Lot: 1.96 Acres
    Value Estimation by Request

    1655 Vly Dr, Rapid City, SD 57703-6002

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    23125 Thunderhead Fls Rd
    CHARITABLE ORGANIZATION
    3,540 SF Lot: 17.48 Acres
    Value Estimation by Request

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

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    6047 Tartan Ct
    DAY CARE, PRE-SCHOOL
    2,714 SF Lot: 3.21 Acres
    Value Estimation by Request

    6047 Tartan Ct, Rapid City, SD 57701-4038

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    4091 Sturgis Rd
    CHARITABLE ORGANIZATION
    8,000 SF Lot: 5.00 Acres
    Value Estimation by Request

    4091 Sturgis Rd, Rapid City, SD 57702-0308

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    841 Saint Patrick St
    CHARITABLE ORGANIZATION
    9,600 SF Lot: 0.91 Acres
    Value Estimation by Request

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

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    922 Saint Patrick St
    CHARITABLE ORGANIZATION
    5,800 SF Lot: 0.51 Acres
    Value Estimation by Request

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

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    632 Saint Francis St
    FUNERAL HOME
    4,653 SF Lot: 0.40 Acres
    Value Estimation by Request

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

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    1200 Range Vw Cir
    PROFESSIONAL CLUBS/ASSOCIATIONS
    7,890 SF Lot: 2.59 Acres
    Value Estimation by Request

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

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    4021 Range Rd
    DAY CARE, PRE-SCHOOL
    4,131 SF Lot: 1.03 Acres
    Value Estimation by Request

    4021 Range Rd, Rapid City, SD 57702-0603

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    830 Quincy St
    DAY CARE, PRE-SCHOOL
    3,660 SF Lot: 0.17 Acres
    Value Estimation by Request

    830 Quincy St, Rapid City, SD 57701-2607

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    2038 Promise Rd
    PROFESSIONAL CLUBS/ASSOCIATIONS
    4,759 SF Lot: 7.78 Acres
    Estimated value
    $695,000

    2038 Promise Rd, Rapid City, SD 57701-8912

    View details
    2126 Philadelphia St
    PROFESSIONAL CLUBS/ASSOCIATIONS
    5,448 SF Lot: 8.00 Acres
    Estimated value
    $790,000

    2126 Philadelphia St, Rapid City, SD 57703-1742

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    Omaha St
    DAY CARE, PRE-SCHOOL
    384 SF Lot: 0.40 Acres
    Value Estimation by Request

    Omaha St, Rapid City, SD 57702

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    2331 Oak Ave
    DAY CARE, PRE-SCHOOL
    4,880 SF Lot: 1.14 Acres
    Value Estimation by Request

    2331 Oak Ave, Rapid City, SD 57701-5570

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    1051 Minnesota St
    FUNERAL HOME
    3,176 SF Lot: 1.71 Acres
    Value Estimation by Request

    1051 Minnesota St, Rapid City, SD 57701-2131

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    268 Mickelson Dr
    PROFESSIONAL CLUBS/ASSOCIATIONS
    4,005 SF Lot: 12.09 Acres
    Estimated value
    $525,000

    268 Mickelson Dr, Rapid City, SD 57703-4154

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    3520 Main St
    DAY CARE, PRE-SCHOOL
    2,440 SF Lot: 0.93 Acres
    Value Estimation by Request

    3520 Main St, Rapid City, SD 57702-2324

    View details

    Rapid City, SD Specialty Properties Investment Opportunities Market Analysis

    Explore 63 specialty properties for sale in Rapid City, SD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 19,424 square feet of properties for sale, with an estimated market value of $7,535,000.

    Sale prices for properties in Rapid City, SD start at $85,000, averaging $2,511,666, and reaching up to $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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Schools 2
    Churches & religious facilities 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
    57703 $450K
    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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