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    27083 Katie Rd Tea, SD 57064

    For Sale
    $1,875,000

    Multi-use commercial property with offices, recreation, and storage units.

    Property size:
    18,970 SF
    Lot size:
    2.64 Acres

    Property Features for 27083 Katie Rd

    General Information

    Size
    18,970 SF
    Lot size
    2.64 Acres

    Source: Vantis Commercial Agent Tom Van Ginkel

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

    Overview

    Versatile Commercial Property in Tea, SD

    This commercial property features two offices, a conference room, two restrooms, and a large reception area, complemented by an 1,800-square-foot mezzanine. The building includes 20-foot sidewalls and is equipped with 3-phase power. Access is facilitated by one 16’x14’ overhead door and one 12’x12’ overhead door. The property benefits from in-floor heating and full air conditioning throughout the entire building. Recreational amenities include a regulation-size basketball court with six hoops, and two volleyball courts overlaid on the basketball court. Additionally, there are twelve RV storage units, which are currently fully leased. The property also features a paved parking lot. The building has a total size of 18,970 square feet and is located in Tea, South Dakota.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Venom Events Center Basketball Court

    Suggested Use

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

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

    Similar Places Nearby

    MiStar Storage, Solid As A Rock Storage, Brusky LLC, Tea Storage, Tea RV Storage

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.823546
    Latitude
    43.461219

    Nearby Similar for Sale

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    • $2,250,000
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      Tea, SD Car Wash Facility

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    FAQs

    What type of property is this?
    Warehouse - Multi-use commercial property with offices, recreation, and storage units.
    Where is this warehouse located?
    The property is located at 27083 Katie Rd Tea, SD.
    What is the asking price?
    The asking price for this property is $1,875,000.
    What are key features of this property?
    This property features: - 12 RV storage units (fully leased) providing immediate income.; - 1,800SF mezzanine offering additional flexible space.; - Entire building has A/C, in floor heat, and 3 Phase Power.
    (605) 215-0940
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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
    27083 Katie Rd Tea, SD 57064
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