Financial
Distress signals
Property profile

400 Bower St Vermillion, SD 57069

FOR LEASE
Commercial real estate
View Listing
Property ID
US79-0159253
29,800 SF 3.23 ac lot Built 2008
Last sale Jan 2024 · $1,050,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Vermillion Mall, located at 400 Bower St, Vermillion, SD 57069, offers exceptional retail, office, and restaurant opportunities. This Class B property boasts a total of 30,000 square feet, with multiple tenancy options available. Six spaces are currently available, ranging in size from 1,400 to 8,000 square feet, catering to diverse business needs. The property's versatile design accommodates traditional office, coworking, and creative office spaces, making it ideal for a variety of tenants.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$34k
Tax billed · 2023
Assessed value · 2024$1.03M
Assessed land$308k
Assessed improvement$722k
Effective rate3.31%

Value estimate

· Sep 2026
$820k
$738k – $902k
AI approach$820k
Submarket $/SF estimate$1.51M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$98/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$45 – $154

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCLAY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency13.6
Parking Facility10.9
Law Firm10.7

Location

400 Bower St Vermillion, SD 57069
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16 Luxemburg, Vermillion, SD 57069 $35,000 Nov 2023 3,872 SF
113 Main, Vermillion, SD 57069-2038 $470,000 Apr 2023 4,000 SF
1008 Crawford, Vermillion, SD 57069-3451 $1,250,000 Dec 2022 6,560 SF
929 Norbeck, Vermillion, SD 57069-1634 $825,000 Sep 2022 20,628 SF
809 Norbeck, Vermillion, SD 57069-1618 $560,000 Jun 2022 6,856 SF
1305 Clark, Vermillion, SD 57069-2697 $2,750,000 May 2022 5,204 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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