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    OFF-MARKET
    Commercial real estate

    101 4th St, Newell, SD 57760

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US79-0659917
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    BRENT MININGER
    BRENT MININGER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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