Property profile

1204 Cedar St Beresford, SD 57004

OFF-MARKET
Industrial properties
2,400 SF 0.45 ac lot Built 1974
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Property summary

AI-generated overview

This 2,400 square foot flex space industrial property, located at 1204 W Cedar St, Beresford, SD 57004, is available for $245,000. Situated on a 0.45-acre lot in Lincoln County, this vacant building offers excellent visibility and accessibility, just east of the Beresford I-29 exit. Built in 1974, the property boasts a General Business zoning designation, allowing for a variety of uses. The building features a 16-foot ceiling height, providing ample vertical space. Two dock-high doors (10'x12' and 16'x14') facilitate easy loading and unloading. Internal improvements include an office and restroom. The building is insulated and heated, enhancing year-round functionality. Gravel parking is available on-site. The property's strategic location places it amongst established businesses including Subway, Family Dollar, Dollar Tree, Casey's, Bertz Sports Bar & Grill, Jerry's Chevrolet of Beresford, and Olson's Ace Hardware. The building sits on the back 75 feet of the property, and there is a proposed easement for a driveway to the east. The building and lot can be combined with the adjacent lot to the south, offering potential for expansion. This presents a unique opportunity for a business seeking a well-located, versatile industrial space in a thriving community.

Property profile

Verified
Property type Industrial properties
Year built 1974
Total area 2,400 SF
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

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

Location

1204 Cedar St Beresford, SD 57004
Beresford 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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