16539 Sturgis Rd Piedmont, SD 57769
- Distribution centers
- 2,835 SF
- 21.90 lot acres
Current Use by Public Records
- Distribution centers
Property Details for 16539 Sturgis Rd
- Year built
- 1985
- Lot size
- 21.90 lot acres
- Property size
- 2,835 SF
- Property type
- Distribution centers
Description
This exceptional industrial property, located at 16539 Sturgis Rd, Piedmont, SD 57769, presents a unique investment opportunity. Priced at $800,000, this 2,835 square foot warehouse sits on a substantial 21.9-acre lot, offering ample space for expansion or future development. Built in 1985, the warehouse boasts a 40 x 63 foot insulated structure with a concrete floor, two overhead doors, and a well-designed interior layout. Features include a spacious open warehouse area, a dedicated office space, a heated paint storage area, a convenient tool room, and a mezzanine for additional storage. A concrete apron extends along the front of the building, providing convenient access. A propane tank is also situated on the property. While a well was previously used for watering livestock, city water is approximately 1000 feet from the property line, with plans for extension along Sturgis Road within the next year. Piedmont currently lacks central sewer; any new construction would require a septic system. All existing buildings and equipment, excluding the main warehouse and a smaller shop/garage, will be removed before closing. The remaining structures and equipment may be available for separate purchase. This property offers excellent Interstate 90 visibility and significant potential in the growing Meade County market. The asking price per square foot is $282.19. The occupancy date is February 21, 2024.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Piedmont
- County
- Meade
- State
- South Dakota
- Longitude
- -103.396077
- Latitude
- 44.237301
