2600 N Ginger Ave Tea, SD 57064
COMMERCIAL - Tea, SD
- Added:
- May 19, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 11 at 4:06 am
Property Features for 2600 N Ginger Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- PD (Planned Development)
- Security features
- Security
- Standard status
- Active
- Lot size
- 0.03 Acres
Utilities
- Utilities
- Water Available
Building Details
- Year built
- 2026
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Frame
- Roof type
- Metal
Listing agent Brian Smit (605) 413-7522
Listing office Better Homes and Gardens Real Estate Beyond 5915 S Remington PL. Ste 100, Sioux Falls, SD (605) 275-4663
Listing date May 19, 2026
Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Tea, South Dakota at 2600 N Ginger Ave, within a planned development (PD) zoning designation. It is described as being just blocks from Tea’s newest residential developments, and it is conveniently positioned for access to I-29 via the Tea Exit (Exit 73), less than a half mile north of 271st Street.
Offered for sale as an individual storage condo unit, the space can be customized to buyer specifications, subject to the completion timeline.
Key Highlights
- Large 28' x 53' storage condo unit.
- Customizable to buyer specifications.
- Plumbing stubbed in for future buildout with city water and sewer access.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.4k | $9.00 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $12.0k | $8.10 |
| − OpEx | −$1.8k | −$1.21 |
| NOI | $10.2k | $6.89 |
