Property profile

118 Broadway Ave Miller, SD 57362

OFF-MARKET
Other commercial real estate
Property ID
US79-0124843
1 ac lot Built 1942
Entity Owned Free & Clear
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Property summary

AI-generated overview

Located at 118 N Broadway Ave in Miller, South Dakota, this commercial property sits on 0.0947 acres and is zoned commercial. The building totals 3,557 square feet and is positioned along Highway 45. It historically operated as a retail shoe store (Polly Shoe Store) and includes updates such as a central propane heating and air conditioning system, a fully replaced roofing system featuring standing seam metal roofing alongside an EPDM rubber roof, corrected roof pitch for drainage, and upgraded electrical and plumbing. The upper level contains a remodeled two-bedroom apartment with a separate entrance, featuring a vintage-inspired interior aesthetic and a retro-styled kitchen, along with an interior-access rooftop area off the kitchen that provides space that could be developed into an outdoor patio.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1942
Lot 1 ac (43,560 SF)
APN 7858
UPID US79-0124843

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Home Decor Store Department Store

Location

118 Broadway Ave Miller, SD 57362-1413
Miller metro Census 975700
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

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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