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Property profile & analytics

105 5Th St Freeman, SD 57029

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US79-0373587
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

  • Commercial real estate

Property Details for 105 5Th St

Property type
Commercial real estate
APN
240.12.23.E67
APU
2401223E67

Description

This exceptional 1960 square foot office building presents a rare investment opportunity in the heart of Freeman, SD. Constructed in 1982, the property boasts a desirable location and significant potential for multiple uses. The building features two separate entrances, ideal for multiple tenants or a single business requiring partitioned spaces. Imagine the possibilities: two or even three independent leases, or a single entity utilizing the versatile layout for various departments. A welcoming reception area with seating sets the tone, while three separate bathrooms (one with a shower) ensure convenience. Two fully equipped kitchenettes/breakrooms, complete with sinks and storage, add to the functionality. Multiple internet and phone hookup capabilities are available. The building's attractive brick exterior, metal roof, and landscaping enhance curb appeal. Inside, abundant natural light streams through numerous windows. A full basement houses a single-unit propane furnace and central air conditioning system. The property includes ample asphalt parking for 5-6 vehicles, with a convenient turnaround for easy access and egress. The 0.29-acre lot provides comfortable space. The building is currently zoned for office use, but potential for other uses should be verified with the city's zoning and ordinance department. This is a truly remarkable opportunity for a savvy investor or business owner seeking a well-maintained, versatile property in a thriving community. Priced at $250,000.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Freeman
County
Hutchinson
State
South Dakota
Longitude
-97.4367
Latitude
43.3502

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
0
$0.00
$12,800
$113,090
$125,890
-
$0.00
$0.00
$0.00
More about this property
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