Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2510 31st St Yankton, SD 57078-6880

    • Auto shops
    • 17,750 SF
    • 69.54 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US79-0500377
    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

    • Econo Storage / Storage Facility
    • Slowey Construction Inc / General Contractor

    Property Details for 2510 31st St

    Year built
    2001
    Lot size
    69.54 lot acres
    Property size
    17,750 SF
    Property type
    Auto shops
    APN
    10.035.300.300
    APU
    10035300300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Yankton
    County
    Yankton
    State
    South Dakota
    Longitude
    -97.4319
    Latitude
    42.9109
    CBSA code
    49460
    CBSA name
    YANKTON, 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
    $7,634
    $198,933
    $395,900
    $594,833
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,672 SF

      3507 Hwy 50

      AUTO REPAIR, GARAGE • 4,672 SF
      3507 Hwy 50, Yankton, SD 57078-6428
      View Details
    • Value Estimation by Request
      3,000 SF

      618 4th St

      AUTO REPAIR, GARAGE • 3,000 SF
      618 4th St, Yankton, SD 57078
      View Details
    • Value Estimation
      $540,000
      6,288 SF

      1900 Ferdig St

      AUTO REPAIR, GARAGE • 6,288 SF
      1900 Ferdig St, Yankton, SD 57078-1858
      View Details
    • Value Estimation by Request
      2,560 SF

      1003 Hwy 50

      AUTO REPAIR, GARAGE • 2,560 SF
      1003 Hwy 50, Yankton, SD 57078-4139
      View Details
    • Value Estimation by Request
      3,600 SF

      2806 Fox Run Pkwy

      AUTO REPAIR, GARAGE • 3,600 SF
      2806 Fox Run Pkwy, Yankton, SD 57078-5311
      View Details
    • Value Estimation
      $505,000
      10,062 SF

      1501 Wek Rd

      AUTO REPAIR, GARAGE • 10,062 SF
      1501 Wek Rd, Yankton, SD 57078-6404
      View Details

    Similar Nearby for Sale

    • $1,600,000
      4,988 SF

      Yankton Commercial Investment Opportunity

      High-visibility commercial property leased to a prominent regional bank.
      2408 N Broadway Ave, Yankton, SD 57078
      View Details
    • $1,600,000
      4,988 SF

      Yankton Bank Building - Investment Opportunity

      Prime Retail Bank Building, NNN Lease, High ROI
      2408 Broadway Ave, Yankton, SD 57078
      View Details
    • $6,200,000

      121-Room Hospitality Property For Sale

      Hospitality property with restaurant, recent renovations, and strong cap rate.
      1607 South Dakota 50, Yankton, SD 57078
      View Details
    • $999,900
      3,480 SF

      Turnkey Commercial Opportunity in Yankton

      Established business and building on Yankton's Broadway Avenue.
      1603 Broadway Ave, Yankton, SD 57078
      View Details
    • $219,900
      1.04 Acres

      Vacant Land Near Lewis and Clark Lake

      1.04 acre lot near Lewis and Clark Lake.
      Tbd Vacation Dr, Yankton, SD 57078
      View Details
    • $85,000
      1.20 Acres

      Yankton Land Near Lewis & Clark

      1.20 acre wooded lot near Lewis and Clark Lake.
      13 Tempest, Yankton, SD 57078
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      72,800 SF

      Yankton Plaza: Retail & Office Space

      Class A retail/office space in Yankton, SD
      2007 Broadway Ave, Yankton, SD 57078
      View Details
    • $15 SF/Yr
      1,200 SF

      Retail Space on Broadway Avenue

      Retail space in Yankton's primary retail corridor.
      3013 Broadway Ave, Yankton, SD 57078
      View Details
    • $8 SF/Yr
      45,656 SF

      Industrial/Flex Space Available

      Open warehouse/distribution space with private restroom and overhead doors.
      1101 Broadway Ave, Yankton, SD 57078
      View Details
    • $19 SF/Yr
      21,821 SF

      Prime Retail Space on Broadway

      High-profile retail space in central Yankton's retail corridor.
      2101 Broadway Ave, Yankton, SD 57078
      View Details
    • $9 SF/Yr
      45,656 SF

      Yankton Executive Office Space

      Prime Yankton location, 1,748 sq ft available.
      1101 Broadway Ave, Yankton, SD 57078
      View Details
    • $13 SF/Yr
      4,713 SF

      Yankton Downtown Office Suites

      Prime Downtown Yankton Office Space Available
      314 Walnut St, Yankton, SD 57078
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2510 31st St
    Yankton, SD 57078-6880
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.