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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

225 Kemp Ave Watertown, SD 57201

10,809 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a portfolio of four established convenience stores and gas stations located throughout southeastern South Dakota. The portfolio totals 10,809 square feet and boasts 100% occupancy under a single tenant, the Freedom Gas Station Portfolio. Each location is a long-standing business, deeply rooted within its community. The properties are strategically situated in Watertown (225 W Kemp Ave, 57201), Huron (1903 Dakota Ave S, 57350), Vermillion (830 E Cherry St, 57069), and Mitchell (512 S Sanborn Blvd, 57301). The portfolio offers significant value-add potential, featuring open fuel supply for both regular and diesel. The concentrated geographic location in southeastern South Dakota simplifies management and oversight. Nearby national tenants include Subway, McDonald's, Dairy Queen, UPS, and Walmart, indicating strong surrounding commercial activity. The gas station component provides increased depreciation expenses, a factor to consider for tax planning. This is a rare opportunity to acquire a well-established, high-performing portfolio with significant growth potential. The asking price for this turnkey investment is $2,900,000.

Property profile
Verified
Property type Retail properties & Spaces
Total area 10,809 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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