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    1720 E Park St Pierre, SD 57501

    New
    For Sale
    $515,000

    Well-maintained apartment building with nine units and on-site laundry.

    Property Features for 1720 E Park St

    General Information

    Exterior features
    exterior_features, : ["Shingle"]

    Source: Lee Real Estate Agent Lee Real Estate

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

    Overview

    Apartment Building Investment Opportunity

    This is an apartment building featuring nine units, including two one-bedroom apartments and seven efficiency units. The property includes on-site laundry facilities. Parking is available in front of the units. The building is located near public transportation, offering convenient access to the surrounding area.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pierre
    County
    Hughes
    State
    South Dakota
    Longitude
    -100.328184
    Latitude
    44.3567383

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained apartment building with nine units and on-site laundry.
    Where is this apartment building located?
    The property is located at 1720 E Park St Pierre, SD.
    What is the asking price?
    The asking price for this property is $515,000.
    What are key features of this property?
    This property features: - Prime investment property; - Nine income-producing units; - Well-maintained apartment building
    Request Owner's contact information
    1720 E Park St Pierre, SD 57501
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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
    1720 E Park St Pierre, SD 57501
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