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    46984 Sunset Blvd Tea, SD 57064
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    46984 Sunset Blvd, Tea, SD 57064

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    • Warehouses
    • 5,616 SF
    • 0.20 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 46984 Sunset Blvd

    Year built
    2008
    Lot size
    0.20 lot acres
    Property type
    Warehouses
    Property subtype
    Office Spaces

    Description

    This exceptional investment opportunity presents two warehouse condos totaling 5,616 square feet, ideally suited for owner-occupants. Located at 46984 Sunset Boulevard in Tea, South Dakota, this property offers a prime location in a rapidly growing community, just minutes from Sioux Falls. Each of the two units (C & D) boasts 14'x14' front doors, 14'x12' rear doors, and a 14'x16' office space, complemented by 16' side walls and a half bath. The units are equipped with forced air heating and cooling in the office areas and radiant heat in the warehouse spaces, providing versatile functionality. Built in 2008, these well-maintained condos feature a 6" concrete floor, floor drains, 300 AMP service, bay lights, and tube heat (175 BTU). Additional features include concrete post guards. The property sits on a 0.2-acre lot and is zoned L-1 (Light Industrial). The asking price is $550,000 ($275,000 per unit), with 2023 real estate taxes of $2,520 (payable in 2024). This is a rare chance to acquire a functional and well-located industrial property in a thriving South Dakota market.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.8565
    Latitude
    43.4514
    More about this property
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