208 Frontage RdBox Elder, SD 57719

Property Details for 208 Frontage Rd

Year built

1990

Lot size

0.66 AC

Property size (Sq ft)

748 SF

Property type

Retail space

APN

22-20-101-005

APU

2220101005

Description

This 2,000 square foot warehouse space, situated on a high-visibility location on one of Box Elder's busiest roads, is ideally suited for businesses seeking a strategic presence in a rapidly growing area. Scheduled for completion in 2024, this single-tenant property offers a monthly gross rent of $2,000, translating to $12 per square foot. The 0.66-acre lot provides ample space, and the building itself boasts 14-foot overhead garage doors, facilitating easy loading and unloading. Floor drains are included for efficient waste management. The design allows for the potential addition of an office space and loading dock, enhancing functionality and operational efficiency. Outdoor storage space is also available, providing additional flexibility for inventory or equipment. The property is zoned for General Commercial use and includes parking for 1-10 vehicles. Given the planned expansion at Ellsworth AFB, this location presents a unique opportunity for businesses to capitalize on the increased economic activity and growing demand for commercial space in Box Elder. This warehouse offers a blend of functionality, accessibility, and prime location, making it an attractive investment for businesses seeking to establish or expand their operations in this thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $262,712

  6.5%

  $242,504

  7%

  $225,182

• Comparable approach

  Method

  Valuation

  Relative Method

  $494,968

  Geo Method

  $155,735

• Alternative Use

  Use

  Valuation

  Residential

  $204,561

  Hospitality

  $187,377

  Educational

  $155,895

  Medical

  $161,257

  Retail

  $242,504

Location Insight

City

Box Elder

County

Pennington

State

South Dakota

Latitude

44.1227

Longitude

-103.07

CBSA code

39660

CBSA name

RAPID CITY, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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