4101 Biernbaum Ln Rapid City, SD 57701
Southeast Rapid City NeighborhoodEstimated payment $7,848/month
About This Lot
Turn-Key Self-Storage Investment Opportunity This well-maintained, turn-key self-storage facility is strategically located along a high-visibility corridor on Campbell St in Rapid City, SD with traffic counts exceeding 18,000 vehicles per day, providing excellent exposure and long-term demand drivers. The property features a total of 107 high-quality storage units across a diversified mix of sizes, including: 15 units – 5’ x 10’ 34 units – 10’ x 15’ 19 units – 10’ x 20’ 31 units – 10’ x 25’ 8 units – 10’ x 30’ In addition to traditional self-storage, the facility generates supplemental income through secured on-site parking, expanding its revenue profile and appeal to a broader tenant base. Tenants benefit from modern amenities including ample site lighting, coded gated access, 24/7 security systems with cameras, and in-unit lighting, creating a safe, convenient, and professionally managed environment. The property has been owner-operated, presenting a compelling value-add opportunity for a new owner to implement market-based rent adjustments and operational efficiencies to enhance cash flow and overall return. Financials available to qualified buyers and signing NDA.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,953
Parking
- 100 Parking Spaces
Additional Features
- 19,998 Sq Ft Home
- Property is zoned BP
Community Details
Overview
Building Details
- Gross Income $137,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,950 | $673,600 | $295,100 | $378,500 |
| 2024 | $9,950 | $672,600 | $295,100 | $377,500 |
| 2023 | $10,369 | $679,800 | $295,100 | $384,700 |
| 2022 | $9,804 | $645,700 | $295,100 | $350,600 |
| 2021 | $11,434 | $643,100 | $295,100 | $348,000 |
| 2020 | $11,618 | $633,100 | $295,100 | $338,000 |
| 2019 | $11,924 | $643,600 | $295,100 | $348,500 |
| 2018 | $11,600 | $640,700 | $295,100 | $345,600 |
| 2017 | $11,828 | $638,100 | $295,100 | $343,000 |
| 2016 | $11,996 | $613,700 | $295,100 | $318,600 |
| 2015 | $11,996 | $593,100 | $295,100 | $298,000 |
| 2014 | $10,345 | $492,100 | $188,900 | $303,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $1,350,000 | -- | $68 / Sq Ft |
Source: Black Hills Association of REALTORS®
MLS Number: 176807
APN: 0050239
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