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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10 5th NW Ave Aberdeen, SD 57401-2812

    • Apartment buildings
    • 3,192 SF
    OFF-MARKET
    Value Estimations
    $270,000
    Show details
    Cap Rate Potential
    5.5%
    Apartment buildings
    Location Intelligence
    Property ID
    US79-0123391
    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

    • Apartment buildings

    Property Details for 10 5th NW Ave

    Year built
    1914
    Construction
    WOOD
    Property size
    3,192 SF
    Property type
    Apartment buildings
    APN
    9628
    APU
    9628

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $280,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $255,000
      6.5%
      $235,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $283,000
      Market price range: $86.6k - $432k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Aberdeen
    County
    Brown
    State
    South Dakota
    Longitude
    -98.4886
    Latitude
    45.4709
    CBSA code
    10100
    CBSA name
    ABERDEEN, SD MICROPOLITAN 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
    2023
    $2,435
    $8,700
    $108,818
    $117,518
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $460,000
      17,000 SF

      1015 Cir Dr

      APARTMENT HOUSE (5+ UNITS) • 17,000 SF
      1015 Cir Dr, Aberdeen, SD 57401-2659
      View Details
    • Value Estimation
      $465,000
      17,540 SF

      929 Cir Dr

      APARTMENT HOUSE (5+ UNITS) • 17,540 SF
      929 Cir Dr, Aberdeen, SD 57401-2600
      View Details
    • Value Estimation
      $235,000
      2,553 SF

      211 3rd St

      APARTMENT HOUSE (5+ UNITS) • 2,553 SF
      211 3rd St, Aberdeen, SD 57401-4025
      View Details
    • Value Estimation by Request
      29,781 SF

      1002 Jay St

      APARTMENT HOUSE (5+ UNITS) • 29,781 SF
      1002 Jay St, Aberdeen, SD 57401-2439
      View Details
    • Value Estimation
      $460,000
      17,000 SF

      1015 Cir Dr

      APARTMENT HOUSE (5+ UNITS) • 17,000 SF
      1015 Cir Dr, Aberdeen, SD 57401-2659
      View Details
    • Value Estimation
      $465,000
      17,540 SF

      929 Cir Dr

      APARTMENT HOUSE (5+ UNITS) • 17,540 SF
      929 Cir Dr, Aberdeen, SD 57401-2600
      View Details

    Similar Nearby for Sale

    • $749,000
      6,670 SF

      Downtown Aberdeen Mixed-Use Opportunity

      Retail with office/apartment potential in a prime downtown location.
      224 S Main St, Aberdeen, SD 57401
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    • $212,700

      Aberdeen Multi-Family Investment Opportunity

      Two-unit property on a large corner lot, suitable for investment.
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    • $147,000
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      Aberdeen Triplex: Investor Opportunity

      Triplex in Aberdeen with high occupancy and recent renovations.
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      View Details
    • $149,900

      Aberdeen, SD Fourplex For Sale

      Fourplex in Aberdeen, South Dakota. Cash flowing property.
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      View Details
    • $216,900

      Aberdeen Triplex with Rental History

      Turn-key triplex in Aberdeen with a solid rental history.
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      Aberdeen Multi-Family Project Opportunity

      Multi-family property with potential for duplex or triplex conversion.
      1502 S Grant St, Aberdeen, SD 57401
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      94,000 SF

      Aberdeen Executive Office Space

      Prime Aberdeen Office, Multiple Suites Available
      14 Main St, Aberdeen, SD 57401
      View Details
    • $1,600,000
      420 SF

      Downtown Office Building For Rent

      Office building in downtown business district with redevelopment potential.
      320 S 1St St, Aberdeen, SD 57401
      View Details
    • Contact for pricing
      11,736 SF

      Prime Office Space, 6th Avenue

      Downtown Brown County Office Suite Available
      110 6Th Ave, Aberdeen, SD 57401
      View Details
    • $10 SF/Yr
      3,438 SF

      Aberdeen Main Street Retail Space

      Prime Downtown Aberdeen Retail Opportunity
      309 Main St, Aberdeen, SD 57401
      View Details
    • $8 SF/Yr
      29,000 SF

      Aberdeen Industrial Manufacturing Plant

      29,000 SF Manufacturing/Warehouse Space
      2914 Industrial #2 Ave, Aberdeen, SD 57401
      View Details
    • $4 SF/Yr
      335,794 SF

      Aberdeen Industrial Mega-Space

      Class A industrial; 30,000-335,794 SF
      1401 Brown County 19, Aberdeen, SD 57401
      View Details
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    10 5th NW Ave
    Aberdeen, SD 57401-2812
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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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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