St Olaf Ave, Baltic, SD 57003
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.