Flex Warehouse with Cold
11 N Dakota St Aberdeen, SD 57401
11 N Dakota St, Aberdeen, SD, 57401
Contact for pricing
For Sale
Contact for pricing
Two-building flex property includes climate-controlled space and cold storage, plus fenced yard area by train tracks.
Property Size14,490 SF
Price / SF$75.57
Days on Market590
Property Features for 11 N Dakota St
General Information
- Standard status
- Active
- Size
- 14,490 SF
- Property subtype
- Retail, Office, Industrial
Building Details
- Year Built
- 1940
Listing agency
Jency Agency
(605) 228-1067
Listed by
Melanie Bobby · License #14771
Source
Crexi
Added: Dec 8, 2024 Updated: Jul 21 at 5:04AM Checked: Jul 21 at 5:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jency Agency
Investment Insights
Based on property information with market context.
This Huff Construction flex property includes two buildings with office and warehousing components. Building 1 spans over an acre and features 8 office spaces, a front reception area, three bathrooms, 4,212 square feet of cold storage, and 5,394 square feet of climate-controlled space. The interior was freshly remodeled in 2012, and a fenced-off yard sits next to the train tracks. Signage is sold with the building.
Building 2 totals 4,000 square feet in addition to the space described within the property: 1,720 square feet of conference room, 2,280 square feet of climate-controlled office space, and it is situated in front of Building 1.
The property is offered for sale with street frontage and visibility on N Dakota St in Aberdeen, South Dakota, in a high-traffic area.
Building 2 totals 4,000 square feet in addition to the space described within the property: 1,720 square feet of conference room, 2,280 square feet of climate-controlled office space, and it is situated in front of Building 1.
The property is offered for sale with street frontage and visibility on N Dakota St in Aberdeen, South Dakota, in a high-traffic area.
Key Highlights
- Two‑building flex property (Huff Construction) built in 1940 with climate‑controlled space plus cold storage
- Building 1: 10,000+ SF with 8 office spaces, front reception, 3 bathrooms, 4,212 SF cold storage, and 5,394 SF climate‑controlled space
- Building 1 includes fresh interior remodel in 2012 and a fenced‑off yard area next to the train tracks
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.9k | $3.24 |
| − Vacancy | $0 | $0.00 |
| EGI | $46.9k | $3.24 |
| − OpEx | −$7.0k | −$0.49 |
| NOI | $39.9k | $2.75 |
14,490 SF · lease $3.24/SF/yr · vacancy 0.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.86M
$1.63M – $2.17M
NOI $130,410 @ 7.0% cap · market cap 11.91%
Second Best
Flex RnD
$1.60M
$1.40M – $1.86M
NOI $111,892 @ 7.0% cap · market cap 10.22%
Theoretical Best
Healthcare Medical
$2.53M
$2.21M – $2.95M
NOI $177,097 @ 7.0% cap · market cap 16.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Harms Heating & Cooling ...
HVAC Service
Huff Construction
Construction Company
Grote Sheet Metal
Hardware & Home Improvement
American National Insurance ...
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- Aberdeen Catering Company — 719 N Main St, Aberdeen, SD 57401
- Canterbury Deli & Catering — 412 S Main St, Aberdeen, SD 57401
FAQs
What type of property is this?
Flex space - Two-building flex property includes climate-controlled space and cold storage, plus fenced yard area by train tracks.
Where is this flex space located?
The property is located at 11 N Dakota St Aberdeen, SD.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two‑building flex property (Huff Construction) built in 1940 with climate‑controlled space plus cold storage; Building 1: 10,000+ SF with 8 office spaces, front reception, 3 bathrooms, 4,212 SF cold storage, and 5,394 SF climate‑controlled space; Building 1 includes fresh interior remodel in 2012 and a fenced‑off yard area next to the train tracks
