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Light Manufacturing Building
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433 Southeast 12th Street, Madison, SD 57042

Flexible industrial facility with a vacant heated area and an existing leased component with office and restroom improvements.

Property Size8,000 SF
Price / SF$68.75
Days on Market9

Property Features for 433 Southeast 12th Street

General Information

Standard status Active
Size 8,000 SF
Property subtype Industrial
Zoning ML - Light Manufacturing

Building Details

Year Built 2007
Buildings 1
Listing Agency: Bender Commercial
Listed By: Austin Luecke · License #SD 21805
Source: Crexi
Added: Aug 11 Changed: Aug 18 Last Checked: Aug 18 at 8:19AM

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 Bender Commercial

Investment Insights

Based on property information with market context.

The 8,000-square-foot industrial building was completed in 2007 and is zoned ML - Light Manufacturing. It includes 6,000 square feet of heated space that is currently unoccupied, along with a separate 2,000-square-foot area served by both heating and cooling. The leased portion includes a built-out office and bathroom and has a lease term extending through January 31, 2027.

Natural gas, water, and electric service are connected to the building. Current electrical service is single phase, with three-phase power available. The combination of vacant heated area and occupied improved space supports both owner-user and continued leased-space configurations.

Key Highlights

  • 8,000 SF industrial building completed in 2007
  • 6,000 SF of heated space is currently unoccupied
  • Separate 2,000 SF area is heated and cooled

Property Analytics

Current Use

Madison City Water ... Resort B & G Transportation ... Trucking Company Fastenal Fulfillment Center Industrial Manufacturer Breal Clothing Store

Suggested Use

Top Pick Dental Office Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 57042, SD

8,131
Population
3,768
Households
2.2
Avg Household Size
37
Median Age
37%
College-Educated
94%
High-School Grad
193.2 sq mi
ZIP Area
42
Density / Sq Mi
$68,672
Median Household Income
$37,067
Median Earnings
$877
Median Rent
$218,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Flexible industrial facility with a vacant heated area and an existing leased component with office and restroom improvements.
Where is this manufacturing property located?
The property is located at 433 Southeast 12th Street Madison, SD.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 8,000 SF industrial building completed in 2007; 6,000 SF of heated space is currently unoccupied; Separate 2,000 SF area is heated and cooled
(605) 900-2407 Call to check price and availability
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