Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Drive-Through Industrial Showroom Facility Title is generated by Realmo AI

    11835 Quaal Road, Black Hawk, SD 57718

    View on Map
    Claim this Listing
    For Lease
    $7 SF/Yr $11,875/Mo (calc)

    Heated drive-through warehouse with showroom, offices, and secure fenced outdoor storage on a gated site.

    Type:IND
    Property size:
    19,000 SF
    Lot size:
    2.00 Acres
    Added:
    May 19, 2026
    Days on Market:
    19
    Last Refresh:
    Jun 5 at 2:17 am

    Property Features for 11835 Quaal Road

    General Information

    Standard status
    Active
    Size
    19,000 SF
    Lot size
    2.00 Acres
    Property subtype
    IND

    Building Details

    Year Built
    2002

    Spaces For Lease

    at 11835 Quaal Road Contact us

    We can help!

    Listing Contact
    Chris Long
    Chris Long

    Listing agent Chris Long License #14881

    Listing office Keller Williams Realty Black Hills

    Listing date May 19, 2026

    Source Realnex

    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 Keller Williams Realty Black Hills

    HighLights

    • 19,000 SF industrial and showroom building (heated) built in 2002, available for lease at 11835 Quaal Rd, Black Hawk, SD
    • 14,204 SF heated drive‑through warehouse with 19‑foot clear ceiling height and two 18' x 18' overhead doors
    • 800‑amp 3‑phase 600V power plus air lines and power infrastructure throughout the building
    • 2‑acre fenced and gated site with secure outdoor storage and access to I‑90 Exit 48 and Stagestop Rd
    • Showroom with sales counters, six private offices, conference room, and attached 726 SF garage
    • Parts room with a 7' x 9' overhead door and 576 SF mezzanine/loft area not included in total SF

    Overview

    This industrial and showroom facility is available for lease and is configured to support warehouse operations alongside sales and service functions. The heated drive-through warehouse provides 19-foot clear ceiling height and includes two 18' x 18' overhead doors. Power and utilities are set up for industrial use, with 800-amp, 3-phase, 600V service, along with air lines and power infrastructure throughout. The building also features a large showroom with sales counters, six private offices, and a conference room. Additional improvements include a separate parts room served by a 7' x 9' overhead door, a breakroom with kitchen, and a 726 SF attached garage. A 576 SF mezzanine/loft area is included but is not included in the stated total SF.

    The property sits on a 2-acre fenced and gated site at 11835 Quaal Rd in Black Hawk, SD. Access is provided via I-90 (Exit 48) and Stagestop Rd, supporting both daily operations and customer-facing activity.

    The layout is well suited for contractors, service businesses, equipment users, and other operations that need warehouse capacity plus office and showroom support. The combination of drive-through functionality, multiple overhead doors, and secure outdoor storage can help streamline receiving, service, and sales-related workflow under one roof.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Bar & Pub Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Black Hawk
    County
    Meade
    State
    South Dakota
    Longitude
    -103.33906
    Latitude
    44.195692

    Nearby Similar for Lease

    • Contact for pricing
      19,000 SF

      Black Hawk Industrial Warehouse Facility

      19,000 SF warehouse with office, showroom, and secure storage.
      11835 Quaal Road, Black Hawk, SD 57718
      View Details
    • $10 SF/Yr
      9,180 SF

      Sturgis Road Retail/Warehouse Space

      9,180 SF retail/warehouse space with high exposure.
      7519 Captain Soelzer St, Black Hawk, SD
      View Details

    FAQs

    What type of property is this?
    Flex space - Heated drive-through warehouse with showroom, offices, and secure fenced outdoor storage on a gated site.
    Where is this flex space located?
    The property is located at 11835 Quaal Road Black Hawk, SD.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 19,000 SF industrial and showroom building (heated) built in 2002, available for lease at 11835 Quaal Rd, Black Hawk, SD; 14,204 SF heated drive‑through warehouse with 19‑foot clear ceiling height and two 18' x 18' overhead doors; 800‑amp 3‑phase 600V power plus air lines and power infrastructure throughout the building
    (605) 335-8100
    We can help!
    Listing Contact
    Chris Long
    Chris Long
    Real Estate License ID: 14881
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11835 Quaal Road, Black Hawk, SD 57718
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!