2600 N Ginger Ave Tea, SD 57064
COMMERCIAL - Tea, SD
- Added:
- May 19, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 11 at 5:06 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 Lighting
- Standard status
- Active
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1
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.
Located at 2600 N Ginger Ave in Tea, South Dakota, the unit is just blocks from Tea’s newest residential developments. It is also positioned for access to I-29 via the Tea Exit (Exit 73) and is less than a half mile north of 271st Street. Estimated completion/occupancy is September 2026.
Key Highlights
- Large 28' x 53' storage condo unit customizable to buyer specifications.
- Convenient location near I‑29 (Exit 73) and 271st Street in Tea, SD.
- Plumbing stubbed in for future buildout with access to city water and sewer.
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 |
