201 Honeysuckle St Brandon, SD 57005
This exceptional Class A industrial flex space, located at 201 E Honeysuckle St, Corson, SD 57005, offers 6,000 square feet of versatile space in a brand-new, single-story building completed in 2024. The property sits on a substantial 26,454 square foot lot zoned for heavy industrial use and features 18-foot ceilings, providing ample headroom for various applications. Currently divided into three 24x60 units, each with its own bathroom, forced air furnace, central air, and hot and cold water hookups, this layout offers immediate rental income potential. Dividing walls are easily removable to create a single, expansive 6,000 square foot space. The building boasts durable 6-inch concrete floors with rebar, 16-foot wide by 14-foot tall overhead doors with Liftmaster commercial door openers and remotes, and a rolling gate leading to a 50x125-foot storage yard with a recycled asphalt surface. Exterior features include an 8-foot high fence with privacy slats, a 6-inch concrete with rebar parking lot, curb and gutter, a separate entrance from the blacktop street, safety bollards, an RV sewer dump area, and an exterior water hookup. The property is turnkey ready, featuring LED lighting, white tin finishes, and a professional appearance. The asking price is $895,000, with an occupancy date of October 27, 2024. This property is ideal for owner-occupants or investors seeking a high-quality, versatile industrial space with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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