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    501 N 16Th St Beresford, SD 57004

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    For Sale
    $2,950,000

    36,900 SF industrial facility on 8.5 acres near I-29.

    Property size:
    36,900 SF
    Lot size:
    8.50 Acres

    Property Features for 501 N 16Th St

    General Information

    Size
    36,900 SF
    Lot size
    8.50 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

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

    Overview

    Modern Industrial Facility Near I-29

    This modern industrial facility, conveniently located off I-29, provides 36,900 square feet of space on an 8.50-acre plot. The property features seven overhead doors, including one 16’ x 16’ door, two 12’ x 12’ doors, and four 8’ x 8’ doors. There are 19 paved parking stalls available. Interior spaces include a reception area, four offices, a kitchenette, and multiple restrooms. An unfinished second floor offers opportunities for further customization. The property's ample outdoor space and easy access enhance its versatility.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    C & A Storage

    Location Insight

    • Map
    • Local Demand
    City
    Beresford
    County
    Union
    State
    South Dakota
    Longitude
    -96.7906671
    Latitude
    43.0832547

    Nearby Similar for Sale

    • $1,350,000
      14,516 SF

      Multifamily Investment Opportunity

      Fully leased multifamily property with recent renovations and garage stalls.
      510 N 5Th St, Beresford, SD 57004
      View Details

    FAQs

    What type of property is this?
    Warehouse - 36,900 SF industrial facility on 8.5 acres near I-29.
    Where is this warehouse located?
    The property is located at 501 N 16Th St Beresford, SD.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: - Convenient location with easy access off I-29.; - Substantial 36,900 square feet of industrial space.; - Large 8.50-acre plot.
    (605) 323-2820
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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
    501 N 16Th St Beresford, SD 57004
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