Property profile

715 Melgaard Rd Aberdeen, SD 57401

OFF-MARKET
Warehouses
113,250 SF 10 ac lot Built 1969
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Property summary

AI-generated overview

This exceptional industrial property, located at 715 Melgaard Road North in Aberdeen, South Dakota, presents a significant investment opportunity. The 113,250 square foot building sits on a 10-acre lot and is classified as Class C. Built in 1969, this single-story structure offers a 16-foot ceiling height, perfect for various industrial uses. The property features one loading dock and one dock-high door, complemented by ample parking for 423 vehicles. Zoned for warehouse and light industrial purposes, this property is strategically positioned for efficient logistics. Its proximity to the Aberdeen Regional Airport and its convenient access to Highway 12 and Interstate 29 (73 miles away) further enhance its appeal. The asking price is $5,525,000, translating to $48.79 per square foot. This expansive warehouse and production building offers significant potential for a variety of businesses seeking a well-located, substantial industrial space in Aberdeen, South Dakota. The property is being offered for sale by owner.

Property profile

Verified
Property type Warehouses
Year built 1969
Total area 113,250 SF
Lot 10 ac (435,600 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

715 Melgaard Rd Aberdeen, SD 57401
Aberdeen metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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