Retail/Warehouse Flex
5405 E Highway 12 Aberdeen, SD 57401
5405 E Highway 12, Aberdeen, SD, 57401
$1,470,000
For Sale
$1,470,000
COMMERCIAL - Aberdeen, SD
Property Size12,000 SF
Price / SF$122.50
Days on Market41
Property Features for 5405 E Highway 12
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 12,000 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- W2 E 32 RODS N OF S 50' SW 15-123-63 EX HWY
- Tax Annual Amount
- 7541
Building Details
- Year built
- 2021
Listing Agency
Dakota Plains Real Estate & Development
(605) 225-1800
10 Railroad Ave SW Suite 209 PO Box 737, Aberdeen, SD
Listed by
Robin (Rob) K Johnson · License #15391
(605) 225-1800
Added: Jun 11 Checked: Jul 21 at 6:06 am
MLS# 26-159
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.
This newer-built flex building combines retail, warehouse, and shop areas under one roof. The showroom and office are supported by radiant in-floor heat, a gas-fired forced air furnace, and central air conditioning. Exterior construction includes poured concrete walls and prefinished steel roof panels. Loading and access are supported by three 12' overhead doors and two 16' overhead doors. The building includes a 60' by 95' warehouse, a 60' by 50' parts room, and a 60' by 55' showroom. A separate cold storage building provides additional space at 2,368 square feet.
Located at 5405 E Highway 12 in Aberdeen, South Dakota, the property offers rare double driveways directly off US 12 for straightforward vehicle access. In addition to main building access, the site is configured for practical receiving, loading, and customer or staff movement between showroom and operations.
The layout is well-suited for operators who need both customer-facing space and warehouse functionality, with cold storage available as an added option. The presence of multiple overhead doors supports a variety of light industrial and distribution-style uses, while the showroom and office systems support day-to-day business comfort. Some inventory is available for sale. Please allow 24-hour notice for showings during weekdays and regular business hours.
Located at 5405 E Highway 12 in Aberdeen, South Dakota, the property offers rare double driveways directly off US 12 for straightforward vehicle access. In addition to main building access, the site is configured for practical receiving, loading, and customer or staff movement between showroom and operations.
The layout is well-suited for operators who need both customer-facing space and warehouse functionality, with cold storage available as an added option. The presence of multiple overhead doors supports a variety of light industrial and distribution-style uses, while the showroom and office systems support day-to-day business comfort. Some inventory is available for sale. Please allow 24-hour notice for showings during weekdays and regular business hours.
Key Highlights
- Built in 2021 retail/warehouse/shop building with radiant in‑floor heat plus gas‑fired forced air furnace and central AC
- Warehouse space 60 X 95 with three 12' OHDs and two 16' OHDs for loading and access
- Separate cold storage building totaling 2,368 SF
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 | $158.4k | $13.20 |
| − Vacancy | −$15.8k | −$1.32 |
| EGI | $142.6k | $11.88 |
| − OpEx | −$49.9k | −$4.16 |
| NOI | $92.7k | $7.72 |
12,000 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,664 @ 7.0% cap · market cap 6.30%
Second Best
Retail
$1.32M
$1.16M – $1.54M
NOI $92,625 @ 7.0% cap · market cap 6.30%
Theoretical Best
Healthcare Medical
$2.10M
$1.83M – $2.44M
NOI $146,664 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Newer Aberdeen flex building with heated showroom and multiple overhead doors for showroom, warehouse, and storage use.
Where is this flex space located?
The property is located at 5405 E Highway 12 Aberdeen, SD.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: Built in 2021 retail/warehouse/shop building with radiant in‑floor heat plus gas‑fired forced air furnace and central AC; Warehouse space 60 X 95 with three 12' OHDs and two 16' OHDs for loading and access; Separate cold storage building totaling 2,368 SF
