Back to Previous Page 1585 VALLEY DRIVE
HWY 44 RETAIL PROPERTY
$450,000
Bldg 1,920 SF | Land 0.33 Acres | Class A
Property Information
List Price $450,000
Zoning General Commercial
Bldg SF 1,920
Bldg $/SF $234
Year Built 1960
Acres 0.33
Bldg Class A
Property Overview
Corner commercial property along Highway 44, currently used as a car lot. The 1,920 SF building on a 0.33-acre paved lot includes a 1,275 SF showroom, 570 SF garage/service bay, 10’×7’ exterior overhead door, and a 9’8”×6’9” interior overhead door. The heated, air-conditioned interior is suited for showroom or service use. Renovated inside and out in 2022, the building features a metal roof and a flexible layout adaptable for automotive, retail, or office operations. Highway 44 frontage at Valley Drive provides 16,014 vehicles per day(2024 MPO count) and strong corner visibility. The planned Valley Drive extension through Shepard Hills will improve access and increase traffic in this growing east Rapid City corridor.
Contact the listing agent for all inquiries and showing requests. Please allow 24hr notice before showings. Information Packet included in associated documents.
Highlights
INVESTMENT HIGHLIGHTS
1,920 SF building on 0.33 acres
General Commercial zoning allows broad use flexibility
Highway 44 corner exposure with 16,014 vehicles per day (2024 MPO count)
Renovated in 2022 with paint, drywall, epoxy flooring, bathroom remodel, R-50 insulation, and new water heater
10’×7’ exterior and 9’8”×6’9” interior overhead doors for shop or showroom access
Heated and air-conditioned interior with restroom
Paved lot for customer parking or vehicle display
Future Valley Drive connection through Shepherd Hills to enhance access and exposure
Listing Agent
Commercial Broker
Chris began his career in Denver, CO as a research associate for The Meyers Group. During his time in this position, he led the new development research group and published monthly reports on sales trends and absorption rates in the local market.In 2003 he joined UDR, Inc., a national real estate investment trust focused on the multifamily sector. During his tenure with UDR, he held positions of financial analyst, operational strategist and 4 years as Director of Pricing and Revenue Management. Chris led a team in a nationwide rollout of yield management software for over 230 properties which led to industry wide adoption and industry leading revenue growth.After moving to South Dakota in 2010, Chris joined Sandra Runde and formed the only team in Western South Dakota solely focused on commercial real estate sales and leasing. Over the past 12 years, the KW Commercial team has led the market in both commercial sales and commercial leasing volume. In the last 3 years his team has sold and leased nearly $200 Million in real estate placing them #1 in the North Central Region and ranked in the top 10 for KW Commercial nationwide.
