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Real Estate - Land

Facilities

The Rapid City Area Economic Development Partnership office keeps track of available industrial buildings in the Rapid City area. Lease rates run approximately $2.50 - $5.00 per square foot depending on location and amenities. Build-to-suits for open bay manufacturing run from $25.00 to $40.00 per square foot including land. Acreage at South Creek Industrial Park (Heavy Industrial) is sold for between $13,500 - $15,000 per acre. Acreage at Rushmore Business Park (Light Industrial) is sold for between $.60 and $.75 square feet.

There are several companies in the area that will compete on a competitive basis to build your facility. Our office would be happy to coordinate the competitive bid process to construct a build to suit facility.

Active, for sale, Commercial and/or Business Listings can be found at www.bhmls.com, courtesy of the Black Hills Association of REALTORS®. Listings provided are based in whole or in part on data supplied by its Multiple Listing Service (MLS). Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

Land

Zoning - Rapid City has several industrial areas which are zoned "Heavy Industrial" and would accommodate all types of manufacturing. There are also light to medium manufacturing areas and parks in Rapid City which offer a wide range of amenities to manufacturers.

Power - Three phase power is available at all industrial sites. Rapid City has energy costs which are the third lowest in the United States. Additional information on rates for gas and electricity are available from the Rapid City Area Economic Development Partnership.

Access - All of the industrial parks and industrial areas in Rapid City are serviced by truck routes which provide clear access to Interstate 90 and to North-South highways. All industrial parks and areas are either adjacent to or within one mile of a highway or Interstate.

Active, for sale, Land Listings can be found at www.bhmls.com, courtesy of the Black Hills Association of REALTORS®. Listings provided are based in whole or in part on data supplied by its Multiple Listing Service (MLS). Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

Black Hills Business Development Center

The Black Hills Business Development Center is committed to offering quality, affordable space to attract start-ups and businesses with growth potential. The Black Hills Business Development Center serves to promote early stage technology based companies to grow and prosper. Within the Center a full range of business services is provided free or at a low cost through sharing. The facility offers office, lab and light manufacturing space for lease. The Center is owned and operated by the Rapid City Economic Development Foundation and its Board of Directors and is located at the South Dakota School of Mines & Technology campus. The board has hired a Chief Executive Officer to be responsible for the day-to-day operations of the Center. The Board retains exclusive oversight and approval of lease and build-out contracts as recommended by the CEO

If you have an interest in the Center we welcome the opportunity to discuss your venture. More information is available at www.blackhillsbiz.com.

Business Development Services

  • Mentoring
  • Business Consulting
  • Professional Services Network
  • Equity Funding Assistance
  • Grant Funding Assistance
  • Connecting Clients and Postsecondary Students
  • Technology Entrepreneur Education Series

Support Services

  • Technical Support
  • Receptionist
  • Administrative Services
  • Mailboxes
  • Mail Pick-Up
  • Packaging and Shipping
  • Notary Service
  • Signage
  • Parking
  • Janitorial Service
  • Property Maintenance
  • Meeting Rooms
  • After Hour Use
  • Break Room

Active, for sale, Commercial and/or Business Listings can be found at www.bhmls.com, courtesy of the Black Hills Association of REALTORS®. Listings provided are based in whole or in part on data supplied by its Multiple Listing Service (MLS). Neither the Association nor its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market.

Additional Resources:
Black Hills Vision
Employer Support of the Guard & Reserve

© 2006 Rapid City Area Economic Development Partnership
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