Elevator-Served Office
For Sale
Contact for pricing
320 S 1st St, Aberdeen, SD 57401
Spacious, finished office space with elevator access, offered with all-inclusive pricing.
Property Size2,549 SF
Price / SF$0.39
Days on Market95
Property Features for 320 S 1st St
General Information
Standard status
Active
Size
2,549 SF
Amenities
elevator access
Building Details
Year Built
1965
Listing Agency:
Century 21 Northern Advantage
Listed By:
Breanne Davis, Ashton Davis
Source:
Firstpremierrealestate
Added: Jul 21
Changed: Oct 5
Last Checked: Oct 7 at 5:20PM
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 Century 21 Northern Advantage
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Investment Insights
Based on property information with market context.
This finished office suite offers spacious interior accommodations and elevator access. The layout is ready for tenant or buyer customization, with room for personalization to fit your specific workplace needs.
The property is listed for sale at 320 S 1st St in Aberdeen, SD 57401, with all-inclusive pricing noted at $1,000.00.
For parties seeking an elevator-served office environment with finished space, this offering provides a straightforward configuration for immediate build-out planning.
The property is listed for sale at 320 S 1st St in Aberdeen, SD 57401, with all-inclusive pricing noted at $1,000.00.
For parties seeking an elevator-served office environment with finished space, this offering provides a straightforward configuration for immediate build-out planning.
Key Highlights
- Office space with elevator access
- Year built: 1965
- Offered with all‑inclusive pricing at $1,000.00
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,941
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,820
$458.8K
Cap Rate 7%
$327,729
$327.7K
Cap Rate 9%
$254,900
$254.9K
Market Conditions
NOI Build-Up for 2,549 SF
Gross rent
$38.2K $15.00/SF
− Vacancy
−$7.6K −$3.00/SF
EGI
$30.6K $12.00/SF
− OpEx
−$7.6K −$3.00/SF
NOI
$22.9K $9.00/SF
Area
Brown County, SD
Vacancy
20.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,820
Cap Rate 7%
$327,729
Cap Rate 9%
$254,900
Alternative Uses
Best Use
Office B
$327.7K
$286.8K – $382.4K
NOI $22,941 @ 7.0% cap · market cap 2,294.10%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$445.1K
$389.4K – $519.2K
NOI $31,154 @ 7.0% cap · market cap 3,115.40%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,437
Businesses Nearby
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Business Placement
Demographics for 57401, SD
32,275
Population
15,016
Households
2.1
Avg Household Size
37
Median Age
35%
College-Educated
93%
High-School Grad
278.8 sq mi
ZIP Area
116
Density / Sq Mi
$68,183
Median Household Income
$40,562
Median Earnings
$787
Median Rent
$216,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Spacious, finished office space with elevator access, offered with all-inclusive pricing.
Where is this office unit located?
The property is located at 320 S 1st St Aberdeen, SD.
What are key features of this property?
This property features: Office space with elevator access; Year built: 1965; Offered with all‑inclusive pricing at $1,000.00
