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    320 S 1St St Aberdeen, SD 57401

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    For Lease
    $1,600,000

    Office building in downtown business district with redevelopment potential.

    Property size:
    420 SF
    Lot size:
    0.65 Acres

    Property Features for 320 S 1St St

    General Information

    Size
    420 SF
    Lot size
    0.65 Acres

    Source: Vantis Commercial Agent Scott Ginkel

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

    Overview

    Downtown Office Building For Rent

    Located in the downtown business district, this property offers an excellent location. The property includes a surplus of land available for redevelopment. It presents an option for an owner/user seeking additional rental income. The property size is 420 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U.S. Bank-Mortgage Loan ... Bank Senator John Thune Government Office U.S. Bancorp Investments ... Financial Planner US Bank Mortgage Mortgage Broker U.S. Bank Branch Bank

    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
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.489586
    Latitude
    45.461894

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    FAQs

    What type of property is this?
    Office building - Office building in downtown business district with redevelopment potential.
    Where is this office building located?
    The property is located at 320 S 1St St Aberdeen, SD.
    What are key features of this property?
    This property features: - Excellent location in the downtown business district; - Surplus of land available for re-development; - Excellent option for owner/user
    (605) 215-0940
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    320 S 1St St Aberdeen, SD 57401
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    Aberdeen, SD 57401
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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
    320 S 1St St Aberdeen, SD 57401
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