Industrial Yard with Multiple Overhead
For Sale
$849,000
500 Box Elder Rd W, Box Elder, SD 57719
Private-yard industrial base includes five 12'x14' overhead doors, 16-foot ceilings, and office-housing structures.
Property Size8,231 SF
Lot Size1.70 Acres
Price / SF$103.15
Days on Market57
Property Features for 500 Box Elder Rd W
General Information
Standard status
Active
Size
8,231 SF
Lot size
1.70 Acres
Lease Type
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
5
Listing Agency:
SCOUT REALTY CORPORATION
(605) 390-8790
Listed By:
JOSH UHRE
(605) 390-8790
Source:
Exprealty
Added: Jun 5
Changed: Jul 26
Last Checked: Jul 30 at 5:33PM
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 SCOUT REALTY CORPORATION
Investment Insights
Based on property information with market context.
This fully equipped industrial facility is built for contractor operations, with a private yard and staging-oriented layout. Five expansive 12' x 14' overhead doors support drive-in access for heavy equipment and service vehicles, complemented by 16-foot ceiling height. The property also includes specialized industrial ventilation, a dedicated paint mixing room, and a 10–15HP Castair industrial air compressor. Two distinct office structures provide dual-use office and housing space, including a detached office that was renovated “studs-up” with new HVAC, electrical, and flooring.
The site is described as being minutes from Ellsworth AFB, with access further supported by its location on a major thoroughfare and the upcoming SDDOT Diverging Diamond Interchange at Exit 63. The facility also has three separate meters, supporting flexibility for multiple tenants.
A virtual tour is available in the listing attachments.
The site is described as being minutes from Ellsworth AFB, with access further supported by its location on a major thoroughfare and the upcoming SDDOT Diverging Diamond Interchange at Exit 63. The facility also has three separate meters, supporting flexibility for multiple tenants.
A virtual tour is available in the listing attachments.
Key Highlights
- 1.7‑acre private‑yard industrial contractor base with immediate Ellsworth AFB gate proximity (5–10 minutes).
- Fully equipped industrial facility with specialized ventilation, dedicated paint mixing room, and 10–15HP Castair industrial air compressor.
- Heavy‑fleet access: five (5) overhead doors (12' x 14') plus 16‑foot ceilings for drive‑in staging and service vehicle use.
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 | $123.5k | $15.00 |
| − Vacancy | −$12.3k | −$1.50 |
| EGI | $111.1k | $13.50 |
| − OpEx | −$38.9k | −$4.73 |
| NOI | $72.2k | $8.78 |
8,231 SF · lease $15.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.03M
$902.8K – $1.20M
NOI $72,227 @ 7.0% cap · market cap 8.51%
Second Best
Warehouse
$813.5K
$711.8K – $949.0K
NOI $56,942 @ 7.0% cap · market cap 6.71%
Theoretical Best
Specialty Retail
$1.49M
$1.31M – $1.74M
NOI $104,451 @ 7.0% cap · market cap 12.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16 ft
Clear height
5
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 57719, SD
11,326
Population
4,707
Households
2.4
Avg Household Size
31
Median Age
27%
College-Educated
94%
High-School Grad
167.4 sq mi
ZIP Area
68
Density / Sq Mi
$74,936
Median Household Income
$38,513
Median Earnings
$1,212
Median Rent
$275,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Private-yard industrial base includes five 12'x14' overhead doors, 16-foot ceilings, and office-housing structures.
Where is this flex space located?
The property is located at 500 Box Elder Rd W Box Elder, SD.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 1.7‑acre private‑yard industrial contractor base with immediate Ellsworth AFB gate proximity (5–10 minutes).; Fully equipped industrial facility with specialized ventilation, dedicated paint mixing room, and 10–15HP Castair industrial air compressor.; Heavy‑fleet access: five (5) overhead doors (12' x 14') plus 16‑foot ceilings for drive‑in staging and service vehicle use.
