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    101 W 1St St Tea, SD 57064

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    For Lease
    $11 SF/Yr ($1,283 /Mo)

    Retail space with shared parking and high visibility.

    Property size:
    1,400 SF
    Lot size:
    0.47 Acres

    Property Features for 101 W 1St St

    General Information

    Size
    1,400 SF
    Lot size
    0.47 Acres

    Source: Lloyd Companies - Corporate Agent Michael Raynie

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

    Overview

    Retail Space Near One Stop

    This retail space features a floor plan with two separate rooms, a storage area in the back, and a restroom. The landlord may consider tenant improvements based on the requested use. The retail space is connected to the One Stop C-Store, which includes 4 double-sided gas/diesel pumps. There are 16 shared parking spaces on-site, with additional parking available along Main Avenue. Building and monument signage is available for enhanced visibility. The property is located within a strong business community that includes 1,340 employees and 168 businesses within a 1-mile radius. Nearby schools include Venture Elementary, Legacy Elementary, Tea MS, and Tea HS, with a combined enrollment of 2,180 students (2023-2024). The property is approximately 10 minutes from I-29. NNN covers real estate taxes, property insurance, parking lot & building maintenance. The property size is 1400 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Cenex Gas Station Cubby's Convenience Store Godfather's Pizza Pizza Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.838047
    Latitude
    43.44642

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    FAQs

    What type of property is this?
    Retail space - Retail space with shared parking and high visibility.
    Where is this retail space located?
    The property is located at 101 W 1St St Tea, SD.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location with building and monument signage.; - Strong business community with 1,340 employees and 168 businesses within a 1-mile radius.; - Retail space connected to a convenience store with 4 double-sided gas/diesel pumps.
    (605) 323-2820
    Request Owner's contact information
    101 W 1St St Tea, SD 57064
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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
    101 W 1St St Tea, SD 57064
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