2821 8th Avenue, Aberdeen, SD 57401
COMMERCIAL - Aberdeen, SD
- Added:
- May 18, 2026
- Days on Market:
- 31
- Last Refresh:
- Jun 17 at 12:06 am
Property Features for 2821 8th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 10,700 SF
- Lot size
- 2.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LT 4 Nordstrom-Pierson ADD SW 8-123-63 (Nordstrom 1st SD Cutler OL)
- Tax Annual Amount
- 7565
Building Details
- Year built
- 1978
Listing agent Sterling Jones (605) 225-1800
Listing office Dakota Plains Real Estate & Development 10 Railroad Ave SW Suite 209 PO Box 737, Aberdeen, SD (605) 225-1800
Listing date May 18, 2026
Copyright © 2026 Aberdeen Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two buildings on 2.6 acres.
- Income‑generating storage shops bringing in $2,950 per month.
- Storage shops feature comfortable boiler in‑floor heat.
- Main building offers endless possibilities for use.
- Main building includes office, heated shop, and warehouse space.
- Main building also includes cold storage.
Overview
The main building is described as having multiple uses, including the opportunity for an office, a heated shop warehouse, and cold storage at the back of the building. The overall site is offered as an industrial-focused package in Aberdeen, South Dakota at 2821 8th Avenue (Brown County).
For tenants or owner-operators seeking flexible warehouse and storage space, the combination of heated shop areas and cold storage can support a broader range of operations. The presence of both buildings allows space to be allocated for storage, light industrial work, and office needs within the same 2.6-acre property. For buyers, the property’s current rental income from one shop unit may also be a consideration when evaluating the fit of this two-building setup.
Local Financial Insights For Flex RnD
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 | $141.2k | $13.20 |
| − Vacancy | −$14.1k | −$1.32 |
| EGI | $127.1k | $11.88 |
| − OpEx | −$44.5k | −$4.16 |
| NOI | $82.6k | $7.72 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Aberdeen
- County
- Brown
- State
- South Dakota
- Longitude
- -98.447413
- Latitude
- 45.474272
