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1620 Concourse Ct
Rapid City, SD 57703
Net Lease Investment Property · Office Property For Sale
Investment Highlights
- Zoned Light Industrial
- Fire protection system, smoke detectors, and handicap access
- Near Elk Vale Rd and SD Hwy 44
- 20 on-site parking spaces, asphalt/off-street
- Fenced outdoor play areas
- Elk Vale Rd (SD Hwy 44 to I-90): 22,009 VPD [CONFIRM source/year]
Executive Summary
1620 Concourse Ct is a 4,920 SF single-tenant building in Rapid City's Rushmore Business Park, built in 1990 and zoned Light Industrial. The property was fully remodeled in 2021 and is configured for childcare use.
The 0.80-acre site sits near Elk Vale Rd and SD Hwy 44 in east Rapid City, with access to surrounding employment areas, residential neighborhoods, and regional routes.
The 0.80-acre site sits near Elk Vale Rd and SD Hwy 44 in east Rapid City, with access to surrounding employment areas, residential neighborhoods, and regional routes.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,920 SF
Year Built
1990
Price
$900,000
Price Per SF
$182.93
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
4,920 SF
Zoning
Light Industrial
Property Taxes
| Parcel Number | 0044958 | Improvements Assessment | $396,900 |
| Land Assessment | $69,700 | Total Assessment | $466,600 |
Property Taxes
Parcel Number
0044958
Land Assessment
$69,700
Improvements Assessment
$396,900
Total Assessment
$466,600
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