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Investment Highlights

  • High visibility location along Hwy 44 with ~2,500 vehicles/day
  • Ample on-site gravel parking and covered canopy for expansion
  • Located near Johnson Siding in the Black Hills region
  • Former gas station with potential to reintroduce fuel component

Executive Summary

The subject property at 12300 W Hwy 44 in Rapid City, SD is a fully remodeled former gas station totaling 2,136 SF, complemented by a 1,320 SF secondary building. The main structure has undergone extensive interior and exterior upgrades, including a new roof, updated mechanical systems, modernized utilities, and improved finishes throughout. The site features a walk-in cooler, strong visibility along Hwy 44, and ample parking, with a reported daily traffic count of approximately 2,500 vehicles. The secondary building provides additional income potential with a leased suite and multiple storage units. The property offers future upside with the potential to reinstall fuel infrastructure, though an environmental review associated with the prior system removal is currently in progress.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
3,456 SF
Building Class
C
Year Built/Renovated
1959/2025
Price
$756,599 CAD
Price Per SF
$218.92 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.44 AC
Zoning
Commercial - Commercial

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Mining, Quarrying, and Oil and Gas Extraction
  • -
  • -
  • -

Conoco traces its origins to 1875 when Isaac Elder Blake founded the Continental Oil and Transportation Company in Ogden, Utah. Initially focused on petroleum products for Western pioneers, the company evolved through mergers and acquisitions, including its 1929 merger with Marland Oil. Conoco operated as an independent oil company until 2002, when it merged with Phillips Petroleum to form ConocoPhillips. In 2012, Conoco became a retail fuel brand under Phillips 66 following a corporate spinoff. Today, Conoco-branded stations provide gasoline and convenience services across the United States, primarily in the Midwest and Mountain states. The brand is privately held under Phillips 66 and maintains a strong presence in Colorado, Texas, and Montana.

  • Johnson's Siding General Store
  • Retailer
  • -
  • -
  • -
  • Rimrock Happy Tavern
  • Accommodation and Food Services
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Mining, Quarrying, and Oil and Gas Extraction - - -
Johnson's Siding General Store Retailer - - -
Rimrock Happy Tavern Accommodation and Food Services - - -
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
0046691
Land Assessment
$43,010 CAD
Improvements Assessment
$103,963 CAD
Total Assessment
$146,973 CAD
  • Listing ID: 40090373

  • Date on Market: 2026-04-09

  • Last Updated:

  • Address: 12300 W Hwy 44, Rapid City, SD 57702

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