Property profile

101 4th St Newell, SD 57760

OFF-MARKET
Commercial real estate
Property ID
US79-0659917
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established Newell, South Dakota service center specializing in tire and repair services for vehicles and agricultural equipment. Priced at $895,000, this 1.16-acre property includes a substantial building equipped for efficient operation. The facility boasts four work bays, complete with two 2-post lifts, a 4-post lift, and floor drains, ensuring versatile repair capabilities. Ample storage space accommodates a large inventory of tires, rims, batteries, hydraulic hoses, and trailer parts, all readily available for customer needs (inventory priced separately). A key advantage is the included mobile service unit, equipped with an air compressor, allowing for convenient on-site and off-site repairs. The property also features a 2-bedroom apartment above the office, offering convenient owner-occupancy or rental income potential with a private entrance. The business enjoys a strong reputation and loyal customer base, drawing clients from a wide area. Significant growth potential exists through expansion of services or equipment. The seller is seeking a 1031 exchange, making this a streamlined acquisition process. This turnkey operation offers a rare chance to own a profitable business with established clientele and substantial growth opportunities within a consistently in-demand industry. The square footage of the building is not currently available.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 16.01.046.01
UPID US79-0659917

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

101 4th St Newell, SD 57760
Newell metro Census 967600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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