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    OFF-MARKET
    Industrial properties

    1204 Cedar St, Beresford, SD 57004

    2,400 SF 0.45 ac lot Built 1974
    Property ID
    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
    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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