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    1115 E 5Th St Canton, SD 57013

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    For Sale
    $2,000,000

    Newly constructed industrial building with shop units and expansion potential.

    Property size:
    18,048 SF
    Lot size:
    24.44 Acres

    Property Features for 1115 E 5Th St

    General Information

    Size
    18,048 SF
    Lot size
    24.44 Acres

    Source: Hegg Realtors | Sioux Falls Agent Dave Maske

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

    Overview

    New Industrial Building with Shop Units

    This newly constructed industrial building is situated on 4.46 acres. The property includes 10 individual shop units, each measuring 32x60, totaling 1,920 square feet. Each unit features a 14’ x 14’ overhead door, 18-foot sidewalls, natural gas heat, and a bathroom. The property's size allows for future expansion and the addition of more buildings. Located along Highway 18 on the east side of Canton, the property offers visibility, functionality, and investment potential. The building totals 18,048 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bryant's Lawn Care ... Lawn Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.607794
    Latitude
    43.300955

    Nearby Similar for Sale

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      Mixed-Use Building in Canton, SD

      Two-story building with retail and office spaces for sale.
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    • $495,000
      5,615 SF

      Industrial Warehouse with Fenced Storage

      Warehouse with concrete floors, utilities, and fenced outdoor storage.
      West Ave, Canton, SD 57013
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    • $349,000
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      Canton Restaurant Opportunity

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    FAQs

    What type of property is this?
    Flex space - Newly constructed industrial building with shop units and expansion potential.
    Where is this flex space located?
    The property is located at 1115 E 5Th St Canton, SD.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - 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.
    (605) 336-2100
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    1115 E 5Th St Canton, SD 57013
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    Canton, SD 57013
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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
    1115 E 5Th St Canton, SD 57013
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