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    120 N Heritage Pkwy Tea, SD 57064

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    For Lease
    $9 SF/Yr ($615 /Mo)

    Commercial space with 30 apartment units above available for rent.

    Property size:
    758 SF
    Lot size:
    8.54 Acres

    Property Features for 120 N Heritage Pkwy

    General Information

    Size
    758 SF
    Lot size
    8.54 Acres

    Source: Lloyd Companies - Corporate Agent Alexis Mahlen

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

    Overview

    Commercial Space with Apartment Units

    This property offers commercial space with 30 apartment units located above. Building signage is available. The property is located on the cross streets of Heritage Parkway and First Street. Phase I is available for tenant build-outs. There is potential for enclosed garage space available for additional rent. Some use restrictions apply. The commercial space is 758 square feet.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.8255203
    Latitude
    43.4499558

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    FAQs

    What type of property is this?
    Office space - Commercial space with 30 apartment units above available for rent.
    Where is this office space located?
    The property is located at 120 N Heritage Pkwy Tea, SD.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Ample commercial space with 30 apartment units above; - Building signage available; - Located on the cross streets of Heritage Parkway and First Street
    (605) 323-2820
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    120 N Heritage Pkwy Tea, SD 57064
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    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
    120 N Heritage Pkwy Tea, SD 57064
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