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    Commercial Shop with Highway Access Title is generated by Realmo AI

    715 S State St, Aberdeen, SD 57401

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    Well-maintained shop with easy access and ample parking.

    Type:Industrial
    Property size:
    10,060 SF
    Price / SF:
    $97/SF
    Added:
    Jan 28, 2026
    Days on Market:
    159
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 715 S State St

    General Information

    Standard status
    Active
    Size
    10,060 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1969

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    Contact an agent
    Robin Johnson
    Robin Johnson

    Listing office Dakota Plains Commercial Real Estate and Development

    Listing date Jan 28, 2026

    Source Crexi

    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 Dakota Plains Commercial Real Estate and Development

    HighLights

    • High‑traffic location at the corner of US Highway 12 & South State Street
    • Considerable paved surface parking
    • Large shop space with 120’ X 50’ & 60’ X 70’ sections
    • 16’ walls with 12’ and 14’ doors
    • Equipped with air exchange system and infrared ceiling heat
    • Spray foamed insulation

    Overview

    This well-maintained commercial shop is located just off the high-traffic corner of US Highway 12 and South State Street. The property features easy access and considerable paved surface parking. It includes sections measuring 120 feet by 50 feet and 60 feet by 70 feet. The shop has 16-foot walls and doors measuring 12 feet and 14 feet. Additional features include an air exchange system, infrared ceiling heat, natural gas, and spray foam insulation. Exterior electrical plug-ins are available for trucks. The property size is 10,060 square feet.

    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 $132.8k $13.20
    − Vacancy −$13.3k −$1.32
    EGI $119.5k $11.88
    − OpEx −$41.8k −$4.16
    NOI $77.7k $7.72
    10,060 SF · lease $13.20/SF/yr · vacancy 10.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.11M
    $971.0K – $1.29M (±1% cap)
    NOI $77,683 @ 7.0% cap · market cap 7.93%
    Second Best
    Industrial
    $325.9K
    $285.2K – $380.3K (±1% cap)
    NOI $22,816 @ 7.0% cap · market cap 2.33%
    Theoretical Best
    Healthcare Medical
    $1.76M
    $1.54M – $2.05M (±1% cap)
    NOI $122,953 @ 7.0% cap · market cap 12.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Brick Transport Trucking Company

    Suggested Use

    Parking Lot & Garage Cafe & Coffee Shop Acupuncture Cosmetic Store Dental Office Food Market (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nursing Home Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Canterbury Deli & Catering — 412 S Main St, Aberdeen, SD 57401

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.479364
    Latitude
    45.473732

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    FAQs

    What type of property is this?
    Flex space - Well-maintained shop with easy access and ample parking.
    Where is this flex space located?
    The property is located at 715 S State St Aberdeen, SD.
    What is the asking price?
    The asking price for this property is $979,000.
    What are key features of this property?
    This property features: High‑traffic location at the corner of US Highway 12 & South State Street; Considerable paved surface parking; Large shop space with **120’ X 50’ & 60’ X 70’ sections**
    (605) 225-1800 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robin Johnson
    Robin Johnson
    Real Estate License ID: SD 15391
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