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3460 Jet Dr
Rapid City, SD 57703
Industrial Property For Sale

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Executive Summary

This newly constructed 24,000 SF light industrial development is currently in active lease-up with strong tenant demand and projected gross potential rent of $282,000 at stabilization. The property consists of four 6,000 SF warehouse buildings designed for multi-tenant use and demisable into 2,000 SF units. Each unit includes 16’ sidewalls, a 14’ x 14’ overhead door, heated interior space, and a private restroom. The site supports semitruck circulation, paved parking, and optional gravel yard areas Located near I-90 Exit 61 (Elk Vale Road / SD-79) within Rapid City’s established Elk Vale industrial corridor, the property provides convenient interstate access for local and regional users. NNN lease structures and remaining lease-up capacity create a clear path to stabilized income with additional upside through future yard or lot utilization. For additional information or to schedule a showing, contact Dan Logan at 605-593-7980.

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.93 AC
Rentable Building Area 24,000 SF
No. Stories 1
Year Built 2026
No. Drive In / Grade-Level Doors 3
Zoning Light Industrial

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
3804403001
Land Assessment
$255,600
Improvements Assessment
$0
Total Assessment
$255,600
  • Listing ID: 39631018

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 3460 Jet Dr, Rapid City, SD 57703

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