6460 Nordstrom Trl Madison, SD 57075
Exceptional opportunity to own this unique 42x96 industrial building situated on a 0.45-acre lot in Madison, SD. Built in 2018 and recently finished, this property is in turnkey condition. The building features two distinct sections, each with its own 14ft wide overhead door. The front (42x48) boasts vaulted ceilings, is wired for RV hookups, and has 200-amp electrical service. The rear (42x48) includes living quarters complete with a PTAC unit, in-floor heat, laundry hookups, a bathroom with shower, kitchenette, mop sink, floor drain, hot and cold water hookups, forced air furnace with central air, a car hoist with 220-volt receptacle, loft storage, and a ceiling fan. The entire building benefits from a 24/7 monitored indoor-outdoor video security system with door and window sensors. Additional features include rural water, a community sanitary sewer system, four large south-facing windows, a 50-foot driveway, ample off-street parking, and a graveled rear area. The property's layout allows for expansion of the living quarters. The building is conveniently located near a boat ramp on Lake Madison. A propane tank is included, as is existing pallet racking.
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
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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.