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    Property profile & analytics

    Brandon, SD 57005

    • Warehouses
    • 93.64 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US79-0076788
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details

    Lot size
    93.64 lot acres
    Zone code
    A1
    Property type
    Warehouses
    APN
    64112
    APU
    64112

    Value Estimations

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.5556
    Latitude
    43.5844
    CBSA code
    43620
    CBSA name
    SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,976
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      38.11 Acres

      Brandon, SD 57005

      WAREHOUSE, STORAGE • 38.11 Acres
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    • Value Estimation by Request
      1,680 SF

      26660 Ledge Rock Ave, Unit 2

      WAREHOUSE, STORAGE • 1,680 SF
      26660 Ledge Rock Ave, Brandon, SD 57005-7241
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    • Value Estimation by Request
      1,800 SF

      1809 Walnut Ave

      WAREHOUSE, STORAGE • 1,800 SF
      1809 Walnut Ave, Brandon, SD 57005-2028
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    • Value Estimation by Request
      1,680 SF

      26660 Ledge Rock Ave, Unit 4

      WAREHOUSE, STORAGE • 1,680 SF
      26660 Ledge Rock Ave, Brandon, SD 57005-7241
      View Details
    • Value Estimation
      $290,000
      0.84 Acres

      1000 Birch St

      WAREHOUSE, STORAGE • 0.84 Acres
      1000 Birch St, Brandon, SD 57005
      View Details
    • Value Estimation
      $345,000
      0.87 Acres

      200 Chestnut Blvd

      MINI-WAREHOUSE, STORAGE • 0.87 Acres
      200 Chestnut Blvd, Brandon, SD 57005
      View Details

    Similar Nearby for Sale

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      17,407 SF

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      Turnkey Retail and Warehouse Operation

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      Rovang Industrial Park Land for Sale

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    Similar Nearby for Lease

    • $8 SF/Yr
      33,800 SF

      Brandon Industrial Space for Lease

      New Construction, 33,800 SF Manufacturing/Flex Space
      1913 Plum Ave, Brandon, SD 57005
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    • $7 SF/Yr
      22,500 SF

      Brandon Warehouse with Convenient Access

      Warehouse space with easy access to I-90 available for lease.
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    • $7 SF/Yr
      22,000 SF

      Industrial Space Near I-90

      22,000 SF warehouse/manufacturing space near North Splitrock Blvd.
      1117 E Ash St, Brandon, SD 57005
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    • $8 SF/Yr
      33,800 SF

      New Construction Industrial Warehouse Space

      New construction warehouse with convenient I-90 access for lease.
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    • $8 SF/Yr

      Industrial Warehouse with Excess Land

      Industrial warehouse for rent with office space and excess land.
      1729 North Walnut Ave, Brandon, SD 57005
      View Details
    • Contact for pricing
      70,394 SF

      Brandon Industrial Property - For Lease

      70,394 SF Flex/Manufacturing Space Available
      1015 9Th Ave, Brandon, SD 57005
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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