3436 Sturgis RdRapid City, SD 57702

Property Details for 3436 Sturgis Rd

Year built

1972

Lot size

0.55 AC

Property size (Sq ft)

2,592 SF

Property type

Retail space

APN

20-33-482-005

APU

2033482005

Description

This exceptional retail opportunity presents a prime location for your business on Sturgis Road in Pennington County. The property boasts a generous 0.44 acres of land, zoned for general commercial use, and offers a flexible build-to-suit option, allowing you to create the perfect space tailored to your specific needs. The building size is estimated at 19,160 to 19,166 square feet, based on county equalization data; tenants are advised to independently verify this measurement. This single-tenant property enjoys a highly visible westside location directly on Sturgis Road, conveniently situated near the intersection of West Chicago Street. The strategic placement offers excellent accessibility and high traffic exposure. Adding to its appeal, a new strip mall is currently under construction adjacent to the property, promising increased foot traffic and synergistic business opportunities. This is an exceptional chance to establish your business in a thriving commercial area with significant growth potential. The property's build-to-suit nature provides unparalleled flexibility in design and layout, ensuring your business operates in an optimal environment. Don't miss this chance to secure a prominent retail presence in a rapidly developing commercial zone. Act quickly to capitalize on this outstanding opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $910,361

  6.5%

  $840,333

  7%

  $780,309

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,715,182

  Geo Method

  $539,661

• Alternative Use

  Use

  Valuation

  Residential

  $708,852

  Hospitality

  $649,305

  Educational

  $540,214

  Medical

  $558,793

  Retail

  $840,333

Location Insight

City

Rapid City

County

Pennington

State

South Dakota

Latitude

44.0841

Longitude

-103.276

CBSA code

39660

CBSA name

RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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