714 Corporation StAberdeen, SD 57401

Property Details for 714 Corporation St

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

5.00 AC

Property size (Sq ft)

20,000 SF

Property type

Commercial real estate

APN

17415

APU

17415

Description

This exceptional 25,000-square-foot manufacturing facility, located at 714 Corporation Street in Aberdeen, South Dakota, presents a compelling investment opportunity. Built in 1985, this single-story building sits on a five-acre lot and offers ample space for various industrial operations. The property features a functional layout including a breakroom and six offices, catering to diverse business needs. The building's 18-foot ceiling height provides significant vertical storage capacity. Loading and unloading are facilitated by one loading dock and one dock-high door. The property also includes 25 parking spaces, ensuring convenient access for employees and visitors. The building is zoned for warehouse and light industrial use, providing flexibility for a range of businesses. Its strategic location offers easy access to Aberdeen Regional Airport and proximity to major transportation routes, including Highway 12 and Interstate 29 (approximately 73 miles away), enhancing logistical efficiency. The asking price is $1,535,000, translating to $61.40 per square foot. Three-phase power is available on-site. This property is offered for sale by owner.

• CAP approach

  CAP return

  Valuation

  6%

  $3,545,090

  6.5%

  $3,272,390

  7%

  $3,038,650

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,020,800

  Geo Method

  $1,020,800

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $6,886,440

  Retail / Commercial

  $3,444,440

  Mixed-Use / Specialty

  $3,363,690

  Hospitality / Lodging

  $2,378,680

  Office

  $3,272,390

  Institutional / Educational

  $3,472,410

  Residential Income

  $4,062,720

  Multifamily

  $5,252,200

  Automotive / Energy

  $2,976,350

  Parking / Income-Based Land

  $1,094,750

  Restaurant / Food Service

  $1,603,350

  Healthcare / Senior Housing

  $3,519,620

Location Insight

City

Aberdeen

County

Brown

State

South Dakota

Latitude

45.4723

Longitude

-98.4362

CBSA code

10100

CBSA name

ABERDEEN, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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