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Property profile & analytics
OFF-MARKET
Land

402 Montrose St Aberdeen, SD 57401

1.62 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.62-acre commercial land parcel presents a unique investment opportunity in Aberdeen, South Dakota. Located at 402 Montrose St S, this buildable lot offers unparalleled convenience and visibility. Priced at $495,000, or $7 per square foot, this represents a compelling value for its size and strategic location. The property boasts convenient access to Aberdeen city services. Its prime location directly across the street from Sanford Hospital ensures high traffic and visibility, placing it within close proximity to a significant concentration of people. Furthermore, its adjacency to apartments, lodging establishments, and the Uptown Aberdeen Mall provides exceptional access to a diverse customer base. The 70,600 square foot lot is ready for development, making it ideal for a variety of commercial ventures. This is a rare opportunity to acquire a highly desirable commercial property in a thriving South Dakota community. The property is situated in Brown County, South Dakota, with a zip code of 57401. Coordinates are 45.46085 latitude and -98.447103 longitude. Don't miss this chance to secure a prime piece of Aberdeen real estate.

Property profile
Verified
Property type Land
Lot 1.62 ac (70,567 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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