$985,000
502 Herman , Rapid City, SD 57701
- 8,960
- sqft
- Status:
- ACTIVE
- MLS #:
- 180521
- County:
- Pennington
- Listed By:
- KAREN SODERQUIST - RE/MAX RESULTS
Sponsoring Broker: Gregg Gohl, Hegg Realty
Seller is highly motivated! Make an offer! Great warehouse space 1/2 block off E North Street. Building is being sold as-is. Eight overhead doors, the two largest are 12x12. Designated office area. Warehouse space is currently being used as a body shop. Fenced in area on the east side of the building. Great potential! Call your favorite Real Estate professional and take a look. Listed by Karen Soderquist, RE/MAX RESULTS (605) 381-4300 and co-listed by Cheyenne McGriff, RE/MAX RESULTS (605) 209-1988
Highlights
- Commercial Sale
- Warehouse
- 91 days on Market
-
- Construction Materials
- Frame, Metal Siding
-
- Foundation
- Slab
-
- Parking Features
- Asphalt, Off Street
-
- Living Area
- 8960.0
-
- Flooring
- Concrete
-
- Heating
- Radiant
-
- View
- City
-
- Utilities
- Natural Gas Available
-
- Water
- Public
-
- County
- Pennington
-
- City
- Rapid City
-
- Zip Code
- 57701
-
Nearby Schools
-
52out of 100
-
51out of 100
-
54out of 100
-
52out of 100
-
53out of 100
-
55out of 100
-
55out of 100
-
50out of 100
-
44out of 100
-
44out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
Ask a Question
ez Mortgage Calculator
Enter your details below to estimate your monthly mortgage payment with taxes, fees and insurance.
Please enter a valid number
Cost of the current home: $985000
Please enter a valid number
Cash you pay when you close
Affects interest rates. 30- or 15- year loans are standard.
Default rate is illustrative, set internally by ez Home Search and updated periodically; actual rates vary by lender, credit score, and market conditions.
Please enter a valid number
Please enter a valid number
Typically 0.25% of home value per year.
Please enter a valid number
Homeowners association dues.
$ 0
Monthly
Principal and interest:
Property Taxes:
Homeowners Insurance:
HOA Dues:
$0 (0%)
$0 (0%)
$0 (0%)
$0 (0%)
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
Price History
| 08/14/2026 | Listed | $985,000 |
| Source: Black Hills Association of REALTORS #180521 | ||
| 07/01/2026 | Off Market | — |
| Source: Black Hills Association of REALTORS #179755 | ||
Source: MLS Data
What's your home worth?
Calculate your current home value within seconds.
Similar Listings
Look Throughout Rapid City
There are currently 658 properties available in Rapid City, with 118 under contract to close soon. Properties in the city have an average sale price of $438,345 and typically spend 84 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 12 zip codes in Pennington County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 502 Herman?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 502 Herman.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 502 Herman?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $985,000. We can talk through recent upgrades, potential seller motivation, how this warehouse compares to others in Rapid City, and can even get you in to see the property quickly.
How do I get a virtual tour of 502 Herman?
Yes! A virtual tour is available for 502 Herman. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 502 Herman?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 502 Herman at around $5,605. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 502 Herman?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Pennington County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 502 Herman?
In most cases, yes. Whether 502 Herman is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Rapid City's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 502 Herman?
We can handle that for you. Our preferred local agent specializes in commercial sales in Rapid City and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $985,000 with 8,960 sqft of space—that comes out to approximately $110 per square foot.
How long has this property been on the market?
502 Herman was listed on August 14, 2026, which means it's been on the market for 91 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
Is 502 Herman still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
Popular Home Searches in Rapid City, SD
Open Houses Near Rapid City, SD
Land for Sale Near Rapid City, SD
Townhomes for Sale Near Rapid City, SD
Waterfront Homes for Sale Near Rapid City, SD
Waterfront Condos for Sale Near Rapid City, SD
Homes with Pools for Sale Near Rapid City, SD
Gated Community Homes for Sale Near Rapid City, SD
Homes with No Hoa for Sale Near Rapid City, SD
Homes in Adult Communities for Sale Near Rapid City, SD
Search Nearby Cities
Search Nearby Counties
Search Nearby Postal Codes
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Black Hills Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Black Hills Association of REALTORS®. All rights reserved.