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    Canton, SD
    Flex Space

    Canton, SD Flex Space for Sale

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    Worthing, SD Harrisburg, SD Larchwood, IA
    New Industrial Building with Shop Units
    Updated: Oct 13, 2025
    New Industrial Building with Shop Units

    1115 E 5th St, Canton, SD

    $2,000,000
    18,048 sqft · 24.44 AC lot
    Ten individual shop units, each 1,920 sqft with 14’ x 14’ overhead doors, 18‑foot side walls, natural gas heat, and a bathroom.
    4.46‑acre property with room for future expansion.
    Excellent visibility due to location along Highway 18.
    Newly constructed industrial building.
    Suitable for both income production and owner occupancy.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1115 E 5th St, Canton, SD

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $148K
      Annual

    • Price @ 7% Cap

      $2.12M
      Above asking
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Flex Space with Office Features
    Flex Space with Office Features

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    $685,000
    2,836 sqft · 10.40 AC lot

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    Sioux Falls Flex Space
    Sioux Falls Flex Space

    46984 Sunset Blvd, Sioux Falls, SD

    $325,000
    2,400 sqft · 0.39 AC lot

    Flex space in Southwest Commercial - Development Park, Sioux Falls.

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    Industrial Condo in Encore Park
    Industrial Condo in Encore Park

    308 N Heritage Rd, Brandon, SD 57005

    Contact for pricing
    1,920 sqft

    Industrial condo for sale, leased through October 2026.

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    Sioux Falls Industrial Development Opportunity
    Sioux Falls Industrial Development Opportunity

    500 E 56th St, Sioux Falls, SD 57104

    $9,524,711
    122,293 sqft · 68.94 AC lot

    68.94-acre industrial development opportunity with existing buildings and land.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Mankato Commercial Land For Sale
    Mankato Commercial Land For Sale

    1763 Bassett Drive, Mankato, MN 56001

    $165,000
    1.08 AC lot

    Accessible 1.083 acre lot suitable for various businesses.

    View details
    Mankato Land Parcel For Sale
    Mankato Land Parcel For Sale

    TBD #2 Adams Street, Mankato, MN 56001

    $1,687,598
    16.21 AC lot

    16.21 acre commercial/light industrial land with high visibility.

    View details
    Industrial and Commercial Development Lots
    Industrial and Commercial Development Lots

    5225 Arbor Rd, (#2), Lincoln, NE 68514

    $573,576
    4.94 AC lot

    Industrial and commercial development lots available for sale.

    View details
    Lincoln Industrial Land For Sale
    Lincoln Industrial Land For Sale

    5225 Arbor Rd, Lot 3, Lincoln, NE 68514

    $399,978

    Industrial and commercial development lots in a high-growth area.

    View details

    Canton, SD Flex Space Market Trends and Statistics

    Explore 1 flex space for sale in Canton, SD on our real estate platform. These investment opportunities span a total of 18,048 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for business spaces in Canton, SD start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 1

    Demographics Overview

    Population 4,378
    Population Growth (5Y) -13.2%
    Median Household Income $77,813
    College Educated 24.6%

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $35.70 per SF
    Tax Rate vs County Average 0.09 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

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