580 WatikiRapid City, SD 57703

  • Hospitality properties
  • 28,894 SF
Off market
$17,392,177 Estimated

Property Details for 580 Watiki

Year built
2019
Lot size
2.17 AC
Property size (Sq ft)
28,894 SF
Property type
Hospitality properties
Property subtype
Hotels
APN
21-27-376-011
APU
2127376011

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,841,218
    6.5%
    $7,238,047
    7%
    $6,721,044
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,829,954
    Geo Method
    $5,609,972
  • Alternative Use

    Use
    Valuation
    Residential
    $7,901,844
    Hospitality
    $7,238,047
    Educational
    $6,021,970
    Medical
    $6,229,075
    Retail
    $9,367,509
580 Watiki, Rapid City, South Dakota

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.1004
Longitude
-103.146
CBSA code
39660
CBSA name
RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $13,948,500
  • Assessed land value
    $425,200
  • Assessed value
    $14,373,700
  • Tax year
    2023
  • Tax bill
    $225,564

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