Property profile

2914 Industrial #2 Ave Aberdeen, SD 57401

OFF-MARKET
Warehouses
29,000 SF Built 1973
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Property summary

AI-generated overview

This exceptional 29,000-square-foot industrial property, located at 2914 Industrial #2 Avenue in Aberdeen, South Dakota, presents a significant opportunity. Situated on a spacious 35-acre lot, this manufacturing and warehouse space boasts a desirable I2 zoning classification within Brown County. The building, constructed in 1973 and renovated in 1980, offers impressive ceiling heights ranging from 21 feet to 24 feet, 8 inches, and features four loading docks, one dock-high door (12' x 18'), and ample paved parking. The reinforced floor adds to its structural strength. The entire 29,000 square feet is currently vacant and available for lease at a gross rent of $8.50 per square foot. Tenant improvements are negotiable. Please note that certain entities are excluded from tenancy: Brown County and other jail-related entities, Maple River Colony and its subsidiaries, HMC, all HMC-related entities, and all HMC suppliers. A minimum of 24 hours' notice is required for showings. This property is ideal for a variety of industrial uses.

Property profile

Verified
Property type Warehouses
Year built 1973
Total area 29,000 SF

Cap rate & NOI

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

Location

2914 Industrial #2 Ave 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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