73 Units Planned

Own Your Workspace.

Build Your Equity.

Small bay flex condominiums designed for contractors, small businesses, and investors who want to own their workspace instead of renting.

Join the interest list to receive updates when pricing and presales are announced.

1,250

Sq. Ft. Interior

624-700

Sq. Ft. Yard

73

Units Planned

  • 100% Ownership

  • Build Equity

  • Tax Benefits

Number of Units

Limited

14' x 50'

Typical Unit Size

2 Doors

Front + Rear

I-90

Direct Access

Units anticipated to start in the mid-$180Ks (subject to approvals).

Join the priority interest list for project updates and presale announcements.

The Problem

Renting Your Workspace is Building Your Landlord’s Equity

Every month you write that rent check, you’re helping your landlord build wealth while your business builds none.

Let’s look at the numbers.

Annual Increase

5-10%

 

Rent Keeps Going Up

Every year, your landlord raises the rent. You’re paying more for the same space, with nothing to show for it.

Equity Built

$ 0

 

Zero Control

Want to add a mezzanine? Install better lighting? Too bad. It’s not your property. You’re building someone else’s equity.

10-Year Cost

$300K+

 

Wasted Years

After 10 years of renting, you’ve paid $300K+ with nothing to show. Imagine if you had owned that whole time.

Here's What 10 Years of Renting Actually Costs You

Total Rent Paid (10 Years)

$360,000

 
 

Equity Built

$0

Potential Equity if Owned

$150,000+

That’s the difference between renting and owning. The question isn’t whether you can afford to buy it, but whether you can afford NOT to.

The Solution

The "Industrial Apartment" Concept

Instead of renting warehouse space and building equity for a landlord, own your workspace, customize it for your operations, and build long-term equity.

Own at Summerset Business Park

73 Small Bay Flex Condominiums designed for contractors, service companies, and small businesses. Each unit includes a private fenced yard—a major differentiator in the Rapid City market.

Perfect for:

Construction contractors

Electricians & plumbers

HVAC companies

Welders & fabricators

Landscape companies

Equipment service businesses

Choose Your Space

Units anticipated to start in the mid-$180Ks (subject to final approvals).

Purchase a single bay or combine multiple units as your business grows.
All units include the same core features and flexible layout options.

Single Bay

1,250 SF

Typical Interior Workspace

  • 1,250

    SF Interior

  • 624-700

    SF Yard

Expandable

Double Bay

2,500 SF

Combined Workspace. Expandable Layout

  • 2,500

    SF Interior

  • 1,250+

    SF Yard

Exceptional Value: Strong demand for small industrial workspaces in the Rapid City market.

Prime Location

Rapid City Market. Strategic Location & Regional Growth

Located just minutes from Rapid City with direct I-90 access. The economic hub of western South Dakota, serving a regional trade area of 400,000+ people within a two-hour drive.

150k+

Metro Population

10%

Growth Since 2020

400k+

Regional Trade Area

8,000+

Ellsworth AFB Personnel

  • I-90 Access

    Direct highway access for easy transportation and logistics

  • Economic Hub

    Rapid City serves western South Dakota's business needs

  • Growing Demand

    B-21 Raider mission bringing additional workforce growth

Summerset Business Park

8148 Norman Ave
Summerset, SD 57718

Limited Supply
Very few small industrial units available for ownership

Strategic Location

Project Location

Summerset Business Park is located in Summerset, South Dakota, just minutes from Rapid City with direct access to Interstate 90, providing convenient connectivity for contractors, service businesses, and logistics operations across the region.

Summerset Business Park

8148 Norman Ave
Summerset, SD 57718

Investor Opportunity

Strong Cash Flow Potential

Small bay industrial properties are one of the most sought-after asset classes in the United States. Here’s why:

$10-14

Per SF Annual Rent

Current Rapid City Market

~$18,750

Annual Gross Rent

1,250 SF + 624 SF Yard @ $10/SF

Low

Vacancy Rates

Strong Demand, Limited Supply

Why Small Bay Industrial is in High Demand

Strong Demand

Small businesses need flexible workspace

Limited Supply

Few new small bay developments

Flexible Uses

Contractors, storage, light manufacturing

Lower Management

Simpler than multi-tenant properties

Interested in learning more about the investment opportunity?

Project Timeline

When Will Units Be Available?

We’re moving fast. Here’s where we are in the process and when you can expect to take ownership.

In Progress

Engineering

Site planning and engineering design currently underway

2026

Construction Start

Groundbreaking and construction phase begins

6 Months After Start

Delivery

Estimated completion and unit delivery

FAQ

Questions? We Have Answers.

Here are the most common questions we get. Don’t see yours? Reach out and we’ll be happy to help.

How much do the units cost?

Preliminary pricing is expected to begin in the mid-$180,000s, depending on unit configuration and final project approvals.

Final pricing will be released once engineering and approvals are completed.

Joining the interest list ensures you receive early pricing announcements and priority unit selection when sales open.

We’re working with local lenders who understand commercial real estate and can offer competitive financing options for qualified buyers. Typical commercial loans require 10-20% down. We’ll help connect you with the right lenders when pre-sales open.

Absolutely! Each unit is delivered as a gray shell, allowing you to finish the interior according to your operational needs. Add a mezzanine office, customize the workshop layout, or configure the space however works best for your business.

Every unit includes a private fenced yard of approximately 624-700 square feet. This is a major differentiator in the Rapid City market. The yard is accessible through a rear overhead door, making it perfect for secure outdoor storage of equipment, materials, and vehicles.

Yes, there will be a modest HOA fee to cover common area maintenance, snow removal, landscaping, and security. Exact amounts will be disclosed during pre-sales, but we’re keeping them as low as possible while maintaining professional standards.

Yes! Many buyers purchase multiple bays to create larger workspaces or as investment properties. Units can be combined to create 2,500+ SF spaces, perfect for growing operations.

Pre-sales haven’t started yet. By joining our early access list, you’ll get priority notification when units become available. Given that only 73 units are available and interest is high, we recommend getting on the list now so you don’t miss out.

Each unit is approximately 14′ × 50′ (1,250 square feet) of interior workspace, plus a private fenced yard of 624-700 square feet. Units feature a front overhead door, rear overhead door (for yard access), and a separate man door entry.

Early Access

Get Early Access Before Everyone Else

Only 73 units available. Pre-sales haven’t started yet, but spots on our early access list are filling up fast. Join now to get:

  • First notification when pre-sales open

  • Early-bird pricing (if available)

  • Priority unit selection

  • Direct line to our team

Only 73 Units Available

Join the early access list to secure your spot in line.

73 Small Bay Flex Condominiums for contractors, service companies, and small businesses. Own your workspace. Build your equity.

© 2026 Summerset Business Park. All rights reserved.

Legal Notice: This website is for informational purposes only and does not constitute an offer to sell real estate. The project is currently in the planning and approval phase. Pricing, specifications, and availability are subject to change without notice.

Contact

(605) 388-2900

8148 Norman Ave Summerset, SD 57718

PL@metro-az.com