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Self Storage Facility with Expansion Lot
For Sale
Contact for pricing
Pending

505 SW 3rd Ave, Aberdeen, SD 57401

Self-storage facility includes multiple unit sizes plus a vacant lot for adding additional units.

Property SizeContact for details
Days on Market148

Property Features for 505 SW 3rd Ave

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Century 21 Investment Realtors
Listed By: Lorna Johnston · License #SD
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Sep 2 at 5:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Investment Realtors

Investment Insights

Based on property information with market context.

This self-storage facility offers a mix of enclosed unit sizes, including 5-by-10 units, 10-by-10 units, 10-by-15 units, 10-by-20 units, and 10-by-30 units.

The property also includes a vacant lot approximately 175 feet long that can be used for additional units of various sizes, providing flexibility for future expansion.

The facility is presented as a for-sale property and consists of the existing storage units along with the on-site development space.

Key Highlights

  • Self‑storage facility with 5 x 10 units (23) and 10 x 10 units (26)
  • Includes 10 x 15 units (7) and 10 x 20 units (19)
  • Includes 10 x 30 units (4)

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Wine and Liquor Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

Demographics for 57401, SD

32,275
Population
15,016
Households
2.1
Avg Household Size
37
Median Age
35%
College-Educated
93%
High-School Grad
278.8 sq mi
ZIP Area
116
Density / Sq Mi
$68,183
Median Household Income
$40,562
Median Earnings
$787
Median Rent
$216,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - Self-storage facility includes multiple unit sizes plus a vacant lot for adding additional units.
Where is this self storage facility located?
The property is located at 505 SW 3rd Ave Aberdeen, SD.
What are key features of this property?
This property features: Self‑storage facility with 5 x 10 units (23) and 10 x 10 units (26); Includes 10 x 15 units (7) and 10 x 20 units (19); Includes 10 x 30 units (4)
More about this property
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