Build-to-Suit Warehouse
208 Frontage Rd, Box Elder, SD 57719
For Sale
Contact for pricing
Planned warehouse space includes outdoor storage and configurable office and loading dock options.
Property Size2,000 SF
Days on Market68
Property Features for 208 Frontage Rd
General Information
Standard status
Size
Listing Agency:
TRUE NORTH ASSET GROUP
Listed By:
SHANNON BRINKER · License SD #17047
(605) 415-7222
Source:
Exprealty
Added: Sep 7
Changed: Nov 12
Last Checked: Nov 12 at 2:30PM
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 TRUE NORTH ASSET GROUP
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Investment Insights
Based on property information with market context.
A planned 2,000-square-foot warehouse is offered on a build-to-suit basis. Proposed features include 14-foot overhead garage doors and floor drains, with outdoor storage space also planned. Office space and a loading dock are potential options, allowing the layout to be tailored to a business’s requirements.
The property is at 208 Frontage Rd in Box Elder, South Dakota.
The property is at 208 Frontage Rd in Box Elder, South Dakota.
Key Highlights
- Planned 2,000‑square‑foot warehouse space
- Proposed 14‑foot overhead garage doors and floor drains
- Outdoor storage space planned
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,836
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,720
$276.7K
Cap Rate 7%
$197,657
$197.7K
Cap Rate 9%
$153,733
$153.7K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$17.3K $8.64/SF
− Vacancy
−$1.0K −$0.50/SF
EGI
$16.3K $8.14/SF
− OpEx
−$2.4K −$1.22/SF
NOI
$13.8K $6.92/SF
Area
Pennington County, SD
Vacancy
5.80%
Lease Rate
$8.64 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,720
Cap Rate 7%
$197,657
Cap Rate 9%
$153,733
Alternative Uses
Best Use
Warehouse
$197.7K
$173.0K – $230.6K
NOI $13,836 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$362.6K
$317.3K – $423.0K
NOI $25,380 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57719, SD
11,326
Population
4,707
Households
2.4
Avg Household Size
31
Median Age
27%
College-Educated
94%
High-School Grad
167.4 sq mi
ZIP Area
68
Density / Sq Mi
$74,936
Median Household Income
$38,513
Median Earnings
$1,212
Median Rent
$275,400
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Storage City Self Storage Ellsworth Rd — 120 N Ellsworth Rd, Box Elder, SD 57719
- Rapid City Self Storage — 101 N Ellsworth Rd, Box Elder, SD 57719
- Cimarron Storage — 395 Cimarron Dr, Box Elder, SD 57719
- American Storage — 340 Cimarron Dr, Box Elder, SD 57719
- Almost Home Self Storage — 365 Cimarron Dr, Box Elder, SD 57719
Frequently Asked Questions
What type of property is this?
Warehouse - Planned warehouse space includes outdoor storage and configurable office and loading dock options.
Where is this warehouse located?
The property is located at 208 Frontage Rd Box Elder, SD.
What are key features of this property?
This property features: Planned 2,000‑square‑foot warehouse space; Proposed 14‑foot overhead garage doors and floor drains; Outdoor storage space planned
