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    409 Western Ave, Crooks, SD 57020

    3,928 SF Built 2002
    Property ID
    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
    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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