Property profile

409 Western Ave Crooks, SD 57020

OFF-MARKET
Specialty properties
3,928 SF Built 2002
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Property summary

AI-generated overview

This exceptional investment opportunity presents a thriving carwash and storage facility located at 409 S Western Ave, Crooks, SD 57020. The property encompasses a 3,928 square foot building on a spacious 21,384 square foot lot, strategically situated along a main thoroughfare in Crooks. The carwash, built in 2002 and boasting 1,728 square feet, features two self-serve bays with 12-foot drive-thru doors and in-floor heating. Additional amenities include a storage area, vacuums, and security cameras. The property's infrastructure is designed to accommodate expansion, with existing plumbing and boiler systems ready for an additional bay or an automatic carwash. A separate 2,200 square foot storage building, constructed in 2018, houses eleven 20x10 foot units, currently fully leased, offering significant rental income potential. Three new garage door openers have been installed within the last five years. The seller is open to working with 1031 exchange buyers. This turnkey operation offers a compelling combination of established income streams and expansion possibilities, making it an attractive investment for discerning buyers. The asking price is $350,000, representing $89.10 per square foot and $31,818.18 per storage unit. The property includes a large paved lot.

Property profile

Verified
Property type Specialty properties
Year built 2002
Total area 3,928 SF

Cap rate & NOI

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

Location

409 Western Ave Crooks, SD 57020
Crooks metro
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Value estimations

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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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