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    115 E Main St Corsica, SD 57328

    For Sale
    $599,000

    1.08 acres with 14,000 sq. ft. building in Corsica, SD.

    Property size:
    14,240 SF
    Lot size:
    0.45 Acres

    Property Features for 115 E Main St

    General Information

    Size
    14,240 SF
    Lot size
    0.45 Acres

    Source: Janklow Eliason Real Estate Agent Brian Eliason

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

    Overview

    Corsica Commercial Opportunity on Main

    Located just off US Hwy 281 in downtown Corsica, SD, this commercial property offers a business opportunity with 1.08 acres of land and 14,000 square feet under roof. The property includes an extra lot. The property is suitable for various business operations, including contractor, tradesman, wholesaler, retailer, or implement dealer.
    Location Intelligence

    Current Use by Public Records

    Corsica Lumber Inc General Contractor

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel Auto Parts Store Nail Salon

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

    Similar Places Nearby

    Corsica Grain & Feed, Rick's Locker

    Location Insight

    • Map
    • Local Demand
    City
    Corsica
    County
    Douglas
    State
    South Dakota
    Longitude
    -98.4090167
    Latitude
    43.4236701

    FAQs

    What type of property is this?
    Warehouse - 1.08 acres with 14,000 sq. ft. building in Corsica, SD.
    Where is this warehouse located?
    The property is located at 115 E Main St Corsica, SD.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Prime 1.08-acre location in downtown Corsica, SD, just off US Hwy 281.; - Substantial 14,000 sq. ft. under roof, suitable for various business operations.; - Opportunity to continue operations as Corsica Lumber.
    (605) 999-4240
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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
    115 E Main St Corsica, SD 57328
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