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    301 Douglas St Salem, SD 57058

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    For Sale
    Contact for pricing

    Prime Industrial Land, Western Salem, SD

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Exceptional opportunity to acquire industrial land in Salem, South Dakota's thriving Salem Industrial Park. This offering encompasses several lots ranging from 0.65 to 5.83 acres, providing flexibility for various development projects. The lots are zoned for industrial use, allowing for a wide range of potential applications. Pricing is competitive, ranging from $2.00 to $2.50 per square foot, depending on the specific lot selected (Lots 1-4: $2.00/SF

    Property Features for 301 Douglas St

    General Information

    Property type
    Land
    Lot Size
    28,314 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    McCook
    State
    South Dakota
    Longitude
    -97.3938599
    Latitude
    43.7216093

    Nearby Comparable

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      Salem Motel - Family-Run Business

      15-Unit Motel, 3 Living Quarters, Great Location
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      Industrial Property with Rental Storage

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    Nearby Similar for Sale

    • $1,000,925
      9,100 SF

      Dollar General Store in Salem

      Established Dollar General store in Salem, South Dakota for sale.
      131 N Nebraska St, Salem, SD 57058
      View Details
    • $590,000
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      Main Street Retail Opportunity

      Established retail property on Main Street, Salem, South Dakota.
      110 N Main St, Salem, SD 57058
      View Details
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      Turnkey Restaurant/Coffee Shop Opportunity

      Turnkey restaurant/coffee shop with character, charm, and outdoor seating.
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      View Details
    • $500,000

      Salem Motel - Family-Run Business

      15-Unit Motel, 3 Living Quarters, Great Location
      361 Nebraska St, Salem, SD 57058
      View Details

    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Western Salem, SD
    Where is this land located?
    The property is located at 301 Douglas St Salem, SD.
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    Salem, SD 57058
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 Douglas St Salem, SD 57058
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