Property profile

St Olaf Ave Baltic, SD 57003

OFF-MARKET
Industrial properties
0.09 ac lot Built 1997
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Property summary

AI-generated overview

This exceptional investment opportunity presents six individual 10' x 24' storage units situated on a 0.09-acre lot at 0 St Olaf Ave, Baltic, SD. Priced at $89,000, this property offers immediate income generation, as all units are currently leased on a month-to-month basis. Each unit boasts an 8-foot tall by 9-foot wide door, providing convenient access for various storage needs. The building features a concrete floor throughout, with each unit individually separated. While there is no electricity currently installed within the units, the property's location in the heart of Baltic provides excellent accessibility and visibility. This versatile property presents a compelling investment opportunity for those seeking immediate returns and potential for future growth. The potential for additional income streams or personal use is also present. The property's central Baltic location offers easy access for tenants and owners alike. This is a turnkey investment ready for immediate income generation. The solid concrete construction ensures durability and longevity. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is being sold as-is.

Property profile

Verified
Property type Industrial properties
Year built 1997
Lot 0.09 ac (3,920 SF)

Cap rate & NOI

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

Location

St Olaf Ave Baltic, SD 57003
Baltic metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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