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    Property profile & analytics

    606 5Th St Brookings, SD 57006

    • Specialty properties
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Central Park / Playground / Park
    • 5th Street Gym / Gym

    Property Details for 606 5Th St

    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional commercial property, located at 606 5th St, Brookings, SD 57006, presents a unique investment opportunity. Priced at $500,000, this special-purpose property consists of over 19,000 square feet of versatile indoor court space, ideal for a wide range of recreational activities. The expansive area provides ample room for various sports and year-round use, regardless of weather conditions. The property is designated as commercial land and offers significant potential for entrepreneurs seeking to establish an indoor recreation center. Showings for this property will commence on November 19th, 2024, by appointment only. All offers will be reviewed at the Brookings School District Regular Board Meeting on January 13th, 2024. This is a rare chance to acquire a substantial indoor space with high potential for return on investment in a thriving community. The property's prime location in Brookings County, South Dakota, ensures excellent visibility and accessibility. Don't miss this opportunity to own a unique and versatile commercial property. Serious inquiries are encouraged to schedule a viewing promptly.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brookings
    County
    Brookings
    State
    South Dakota
    Longitude
    -96.7949
    Latitude
    44.3099

    Comparable in this City

    • Value Estimation by Request

      Development Wilbert Sq

      Land
      Development Wilbert Sq, Brookings, SD 57006
      View Details
    • Value Estimation by Request
      8.04 Acres

      200 Hwy 14th Byp

      CENTRALLY ASSESSED • 8.04 Acres
      200 Hwy 14th Byp, Brookings, SD 57006-4218
      View Details
    • Value Estimation by Request
      1.89 Acres

      1232 22nd S Ave

      CENTRALLY ASSESSED • 1.89 Acres
      1232 22nd S Ave, Brookings, SD 57006-2804
      View Details
    • Value Estimation by Request
      0.14 Acres

      Brookings, SD 57006

      CENTRALLY ASSESSED • 0.14 Acres
      Brookings, SD 57006
      View Details
    • Value Estimation by Request
      0.22 Acres

      Brookings, SD 57006

      CENTRALLY ASSESSED • 0.22 Acres
      Brookings, SD 57006
      View Details
    • Value Estimation by Request
      0.17 Acres

      100 Main S Ave

      COMMERCIAL (GENERAL) • 0.17 Acres
      100 Main S Ave, Brookings, SD 57006-3038
      View Details

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      Prime Commercial Land Opportunity

      Excellent pad sites at busy intersection near major retailers.
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      5,339 SF

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    606 5Th St
    Brookings, SD 57006
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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
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