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    OFF-MARKET
    Industrial properties

    27095 Thomas Ave, Tea, SD 57064

    1,500 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This newly constructed 1,500-square-foot flex space condo in Tea, South Dakota, offers a versatile solution for various business needs. Located at 27095 Thomas Ave, 57064, this 25' x 60' unit boasts a 14' x 14' overhead door, a convenient shop sink, and a restroom. Security features include an automatic gate and security cameras, ensuring peace of mind. Owners enjoy access to a shared clubhouse complete with a full kitchen, large-screen TVs, entertainment options (jukebox, Golden Tee, foosball), a putting green, sports memorabilia, an outdoor deck, and a BBQ/smoker area. The property's prime location provides easy access to I-29, the future South Veterans Parkway and 85th Street interchange, placing it near local retail, restaurants, a bar, and the Marv Sky Airport. This exceptional property is ideal for storage, social gatherings, or a combination workspace. Condo master deed and bylaws are available upon request. The asking price for this exceptional property is $230,000.

    Property profile
    Verified
    Property type Industrial properties
    Year built 2024
    Total area 1,500 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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