Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Park Playground
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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