7519 Sturgis Rd, Black Hawk, SD 57718
Exceptional investment opportunity in Black Hawk, SD! This 9,180 square foot, single-story, Class B retail/warehouse building sits on a one-acre lot with high visibility on Sturgis Road. Formerly a retail store, the steel structure and zoning allow for easy conversion to warehouse or industrial use. The property boasts 3-phase power, men's and women's restrooms, a small private office, and a large storage room with a loading dock. Ample parking is provided by a 28-space concrete lot and a prominent monument sign. Currently vacant, this building presents a unique chance to capitalize on its prime location and versatile design. The asking price is $925,000, with a price per square foot of $100.76. The lease type is NNN. Built in 2007, this property offers a strong foundation for a variety of commercial ventures. The property is zoned for a variety of uses. This is a single-unit building.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.