
Property in Unknown, XX
Price
$1,500,000
Price/Sq Ft
$1.00
Description
Rapid City Inpatient Opportunity 409 East Fairlane is currently being operated as an assisted living facility but is perfectly set up for multiple alternative uses. The property is designed as four separate buildings on 3 acres with ample room for expansion. The indepdent building set up allows for various patient populations to co-locate within the facility. There are currently 64 beds available at the property comprised of 4 different floor plans. Most beds are single occupancy with some dual-occupancy options. As a result of its previous occupancy, the Fairmont offers many amenities such as community living space and common area, activity and game rooms, full service hair salon, computer areas, laundry facilities, and community clubhouse.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
This other in Rapid City, SD is listed for sale at $1,500,000. It has been on the market for 147 days.
Compare it against other other listings for sale in Rapid City, SD to benchmark pricing and space — view the full market.
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
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Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: other in Rapid City, SD
Documents
Contact Broker
Chessa Pike
Stuart Thomas
Listed by
CBRE System Import








