UNDER CONTRACT
$145K PRICE DROP
520 E Omaha St Rapid City, SD 57701
Downtown Rapid City NeighborhoodEstimated payment $3,975/month
Total Views
24,055
1.61
Acres
$403,727
Price per Acre
70,132
Sq Ft Lot
Highlights
- City View
- 1.61 Acre Lot
- Corner Lot
About This Lot
Excellent site for retail/strip mall or office building. Site is ready to go, bring your imagination or take a look at what the seller's intended to build. With a daily traffic count of over 20,000 vehicles per day this location is ideal. Motivated Sellers! Let's get creative and find a way to make this property work for you!
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,908
Lot Details
- 1.61 Acre Lot
- Dirt Road
- Corner Lot
- Level Lot
- Property is zoned General Commercial
Property Views
- City Views
Map
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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 | $7,659 | $561,100 | $561,100 | $0 |
| 2024 | $7,659 | $561,100 | $561,100 | $0 |
| 2023 | $6,936 | $490,900 | $490,900 | $0 |
| 2022 | $6,922 | $455,900 | $455,900 | $0 |
| 2021 | $6,985 | $420,800 | $420,800 | $0 |
| 2020 | $7,217 | $420,800 | $420,800 | $0 |
| 2019 | $7,276 | $420,800 | $420,800 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $650,000 | 0.0% | -- |
| 01/02/2026 01/02/26 | Off Market | $650,000 | -- | -- |
| 06/10/2025 06/10/25 | Price Changed | $650,000 | -5.7% | -- |
| 05/28/2025 05/28/25 | Price Changed | $689,000 | -0.4% | -- |
| 05/21/2025 05/21/25 | Price Changed | $691,500 | -0.4% | -- |
| 05/13/2025 05/13/25 | Price Changed | $694,000 | -0.4% | -- |
| 05/07/2025 05/07/25 | Price Changed | $696,500 | -0.4% | -- |
| 04/22/2025 04/22/25 | Price Changed | $699,000 | -6.2% | -- |
| 04/08/2025 04/08/25 | Price Changed | $745,000 | -0.3% | -- |
| 04/01/2025 04/01/25 | Price Changed | $747,500 | -0.3% | -- |
| 03/21/2025 03/21/25 | Price Changed | $750,000 | -3.8% | -- |
| 10/29/2024 10/29/24 | Price Changed | $780,000 | -1.9% | -- |
| 03/19/2024 03/19/24 | For Sale | $795,000 | -- | -- |
Source: Black Hills Association of REALTORS®
Source: Black Hills Association of REALTORS®
MLS Number: 167799
APN: 3806132002
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