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    1317 Madison St Vermillion, SD 57069

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    Fully leased Class A multifamily property in Vermillion, South Dakota.

    Property size:
    60,749 SF

    Property Features for 1317 Madison St

    General Information

    Size
    60,749 SF

    Building Details

    Year built
    2008

    Source: Marcus Benson Agent Marcus Benson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vermillion Multifamily Investment Opportunity

    This is a Class A multifamily property located in Vermillion, South Dakota. The property is fully leased and contains a mix of apartments and townhomes. Unit amenities include in-unit washer and dryer. The unit mix is comprised of one 3-bedroom, 3-bath unit, thirty-three 2-bedroom, 2-bath units, and thirty-two 1-bedroom, 1-bath units. The property has a total size of 60749 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vermillion
    County
    Clay
    State
    South Dakota
    Longitude
    -96.9123057
    Latitude
    42.7840011

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    FAQs

    What type of property is this?
    Apartment building - Fully leased Class A multifamily property in Vermillion, South Dakota.
    Where is this apartment building located?
    The property is located at 1317 Madison St Vermillion, SD.
    What are key features of this property?
    This property features: - Fully Leased, providing immediate income.; - Class A Property, ensuring high-quality living.; - Features a desirable mix of apartments and townhomes.
    (605) 403-0333
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    1317 Madison St Vermillion, SD 57069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1317 Madison St Vermillion, SD 57069
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