1848 LombardyRapid City, SD 57703

  • Retail properties
  • 5,296 SF
Off market
$341,099 Estimated

Property Details for 1848 Lombardy

Year built
1978
Lot size
0.73 AC
Property size (Sq ft)
5,296 SF
Property type
Retail properties
Property subtype
Auto shops
APN
38-08-127-007
APU
3808127007

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,860,058
    6.5%
    $1,716,977
    7%
    $1,594,336
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,504,477
    Geo Method
    $1,102,640
  • Alternative Use

    Use
    Valuation
    Residential
    $1,448,334
    Hospitality
    $1,326,666
    Educational
    $1,103,771
    Medical
    $1,141,731
    Retail
    $1,716,977
1848 Lombardy, Rapid City, South Dakota

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.0667
Longitude
-103.183
CBSA code
39660
CBSA name
RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $194,000
  • Assessed land value
    $87,900
  • Assessed value
    $281,900
  • Tax year
    2023
  • Tax bill
    $4,472

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