1204 Cedar St, Beresford, SD 57004
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.
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.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.