501 16Th St Beresford, SD 57004
- Warehouses
- 36,900 SF
- 8.50 lot acres
Current Use by Public Records
- Warehouses
Property Details for 501 16Th St
- Year built
- 2016
- Lot size
- 8.50 lot acres
- Property size
- 36,900 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 36,900-square-foot industrial building in Beresford, South Dakota, presents a compelling investment opportunity. Located on an 8.5-acre lot conveniently off I-29, this single-story, 2016-built facility offers significant potential for expansion. The building features a versatile layout including seven overhead doors (one 16' x 16', two 12' x 12', and four 8' x 8'), ample paved parking for 19 vehicles, a reception area, four offices, a kitchenette, and multiple restrooms. Ceiling heights range from 17'10" to 26'5", providing substantial vertical space. The building's construction includes a steel frame and steel roof. The warehouse boasts geothermal cooling and heating, while the offices utilize traditional AC. An unfinished second floor offers significant potential for future customization and expansion. The property is zoned for industrial use and boasts an 8-inch floor depth. Annual real estate taxes are $33,970. The expansive lot provides ample room for on-site storage and future growth. This property is priced at $2,950,000, or $79.95 per square foot. Its prime location and versatile design make it ideal for a variety of industrial uses. The property is located at 501 N 16th St, Beresford, SD 57004.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Beresford
- County
- Union
- State
- South Dakota
- Longitude
- -96.79
- Latitude
- 43.0837
