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    1601 S Ohlman St Mitchell, SD 57301

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    For Sale
    $1,300,000

    Modern commercial building with high traffic location and highway access.

    Property size:
    6,720 SF
    Lot size:
    3.79 Acres

    Property Features for 1601 S Ohlman St

    General Information

    Size
    6,720 SF
    Lot size
    3.79 Acres

    Source: Janklow Eliason Real Estate Agent Brian Eliason

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

    Overview

    Modern Retail Building For Sale

    This modern building, constructed in 2017, is located in a commercial area with highway zoning. The property benefits from high visibility, with an Average Daily Traffic (ADT) count exceeding 10,000. The building features abundant natural light and light fixtures, as well as men's and women's restrooms. A control room and an office/storage area are included. The building is handicap accessible and equipped with central air conditioning and two gas furnaces. It has 12 ft. sidewalls. The property offers 6,720 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Sears Appliance Repair Appliance Repair Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mitchell
    County
    Davison
    State
    South Dakota
    Longitude
    -98.047288
    Latitude
    43.723706

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    FAQs

    What type of property is this?
    Storefront property - Modern commercial building with high traffic location and highway access.
    Where is this storefront property located?
    The property is located at 1601 S Ohlman St Mitchell, SD.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Outstanding commercial location with I-90 exit access; - High traffic volume (ADT exceeding 10,000); - Zoned highway commercial
    (605) 999-4240
    Request Owner's contact information
    1601 S Ohlman St Mitchell, SD 57301
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    Mitchell, SD 57301
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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
    1601 S Ohlman St Mitchell, SD 57301
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