2821 8th Avenue Aberdeen, SD 57401
COMMERCIAL - Aberdeen, SD
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 Jun 30, 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.
Investment Insights
Based on property information with market context.
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.
Key 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.
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 |
