Flex Shop with Office
For Sale
Contact for pricing
26655 481st Ave, Brandon, SD 57005
Flex building offers dedicated office space plus a secured shop/warehouse area with overhead loading door.
Property Size2,836 SF
Price / SF$241.54
Days on Market423
Property Features for 26655 481st Ave
General Information
Standard status
Active
Size
2,836 SF
Property subtype
FLEX_R_AND_D
Additional Details
Sprinkler System
Yes
Amenities
Full Kitchen
Lounge/Collaboration Area
Private office with a glass-wall
Large windows
Epoxy Flooring
Full Bathroom with Shower
Dedicated Data Room
Monitored security system
In-floor radiant zoned heating
Forced air furnace backup with Nest control
LED lighting with Lightcloud Touch controls
Fiber option available via Alliance
Listing Agency:
Lloyd Companies - Corporate
(605) 323-2820
Listed By:
Wayne Huber · License #SD: 18136-BA
(605) 261-5566
Source:
Moodyscre
Added: Sep 4, 2025
Changed: Oct 25
Last Checked: Oct 30 at 3:07PM
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 Lloyd Companies - Corporate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,836 SF flex building features a balanced layout with 1,560 SF of office space and 1,276 SF of flex/shop/warehouse space. The office portion includes 12' ceilings, a full kitchen, lounge/collaboration area, a private glass-walled office, and large windows. The shop/warehouse portion provides 16' ceilings, epoxy flooring, and a full bathroom with shower, along with a dedicated data room. Loading and storage flexibility is supported by a 12' x 12' overhead door.
Additional building systems include a full sprinkler system, a monitored security system, fiber option availability via Alliance, LED lighting with Lightcloud Touch controls, in-floor radiant zoned heating, and a forced air furnace backup controlled with Nest. Parking access is planned via a developer-provided access road with a pro-rata share cost to the buyer; the estimate is TBD.
The property is located at 26655 481st Ave, Brandon, SD 57005, and RE taxes are listed as $3,535.16 (2025 taxes payable in 2026).
Additional building systems include a full sprinkler system, a monitored security system, fiber option availability via Alliance, LED lighting with Lightcloud Touch controls, in-floor radiant zoned heating, and a forced air furnace backup controlled with Nest. Parking access is planned via a developer-provided access road with a pro-rata share cost to the buyer; the estimate is TBD.
The property is located at 26655 481st Ave, Brandon, SD 57005, and RE taxes are listed as $3,535.16 (2025 taxes payable in 2026).
Key Highlights
- 2,836 SF +/- flex building with balanced office and flex/shop/warehouse space
- Office includes 1,560 SF with 12' ceilings, lounge/collaboration area, large windows, and a private glass‑wall office
- Flex/shop/warehouse includes 1,276 SF with 16' ceilings, epoxy flooring, full bathroom with shower, and a dedicated data room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,928
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,560
$498.6K
Cap Rate 7%
$356,114
$356.1K
Cap Rate 9%
$276,978
$277.0K
Market Conditions
NOI Build-Up for 2,836 SF
Gross rent
$30.6K $10.80/SF
− Vacancy
−$1.3K −$0.46/SF
EGI
$29.3K $10.34/SF
− OpEx
−$4.4K −$1.55/SF
NOI
$24.9K $8.79/SF
Area
Minnehaha County, SD
Vacancy
4.25%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$498,560
Cap Rate 7%
$356,114
Cap Rate 9%
$276,978
Alternative Uses
Best Use
Warehouse
$356.1K
$311.6K – $415.5K
NOI $24,928 @ 7.0% cap · market cap 3.64%
Second Best
Industrial
$277.0K
$242.4K – $323.1K
NOI $19,388 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$764.5K
$668.9K – $891.9K
NOI $53,515 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57005, SD
12,619
Population
4,693
Households
2.7
Avg Household Size
36
Median Age
41%
College-Educated
97%
High-School Grad
48.9 sq mi
ZIP Area
258
Density / Sq Mi
$108,689
Median Household Income
$53,429
Median Earnings
$985
Median Rent
$322,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex building offers dedicated office space plus a secured shop/warehouse area with overhead loading door.
Where is this flex space located?
The property is located at 26655 481st Ave Brandon, SD.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: 2,836 SF +/- flex building with balanced office and flex/shop/warehouse space; Office includes 1,560 SF with 12' ceilings, lounge/collaboration area, large windows, and a private glass‑wall office; Flex/shop/warehouse includes 1,276 SF with 16' ceilings, epoxy flooring, full bathroom with shower, and a dedicated data room
