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    417 Main Ave Lemmon, SD 57638

    • Commercial real estate
    • 6,308 SF
    • 0.32 lot acres
    For Sale
    View listing
    $315,000
    Value Estimation
    Location Intelligence
    Property ID
    US79-0538378
    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 417 Main Ave

    Year built
    1999
    Lot size
    0.32 lot acres
    Property size
    6,308 SF
    Property type
    Commercial real estate
    APN
    01-0101-009-0021-000-0-0-00000
    APU
    9223372036854775807

    Description

    This exceptional Lemmon, South Dakota commercial property, located at 417 Main Ave, presents a lucrative investment opportunity. The 6,308 square foot building, constructed in 1988, sits on a 0.32-acre lot and is zoned for commercial use. Currently operating as a multifaceted business, the property includes a well-established gas station with updated pumps, a convenience store, and a video lottery lounge, all contributing to a strong revenue stream. An adjacent laundry mat provides additional income potential. The single-story building is impeccably maintained, offering a clean and inviting atmosphere for customers. A two-stall attached garage, previously used for auto service, adds versatility and further income possibilities. The asking price is $315,000, translating to $50 per square foot. This turnkey operation is ready for a new owner to capitalize on its established success and diverse income streams. The property's prime Main Street location in Lemmon, SD (zip code 57638) ensures high visibility and accessibility. Don't miss this chance to acquire a thriving, established business with significant upside potential.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lemmon
    County
    Perkins
    State
    South Dakota
    Longitude
    -102.16
    Latitude
    45.9402

    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
    2021
    $790
    $13,900
    $192,178
    $206,078
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2.07 Acres

      208 11th E St

      COMMERCIAL (GENERAL) • 2.07 Acres
      208 11th E St, Lemmon, SD 57638-6329
      View Details
    • Value Estimation by Request
      0.16 Acres

      400 1st E Ave

      COMMERCIAL (GENERAL) • 0.16 Acres
      400 1st E Ave, Lemmon, SD 57638-1502
      View Details
    • Value Estimation by Request
      0.32 Acres

      405 1st W Ave

      COMMERCIAL (GENERAL) • 0.32 Acres
      405 1st W Ave, Lemmon, SD 57638-1401
      View Details
    • Value Estimation by Request
      0.65 Acres

      910 3rd E Ave

      COMMERCIAL (GENERAL) • 0.65 Acres
      910 3rd E Ave, Lemmon, SD 57638-2021
      View Details
    • Value Estimation by Request
      1.04 Acres

      509 6th W Ave

      COMMERCIAL (GENERAL) • 1.04 Acres
      509 6th W Ave, Lemmon, SD 57638-1343
      View Details
    • Value Estimation by Request
      0.08 Acres

      Lemmon, SD 57638

      COMMERCIAL (GENERAL) • 0.08 Acres
      Lemmon, SD 57638
      View Details

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    417 Main Ave
    Lemmon, SD 57638
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    Realmo Value Estimation

    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.

    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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