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Property profile & analytics
FOR SALE
Industrial properties

353 Americas Way Box Elder, SD 57701

20,000 SF 2.55 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US79-0078595
Property summary
AI-generated overview

This exceptional Class A industrial property, located at 353 Americas Way in Box Elder, South Dakota, presents a unique opportunity. Built in 2022, this single-story, 20,000-square-foot warehouse boasts a 20-foot ceiling height, providing ample space for various industrial uses including warehouse, manufacturing, distribution, or R&D. The building features a 100x100 foot suite with 6-inch reinforced concrete, a 14x16 overhead door, and two drive-ins. Currently, 10,000 square feet is available for lease. The property includes 500 square feet of office space, expandable as needed, and two restrooms (one in the office and one in the warehouse). Additional features include an asphalt parking lot with 21 spaces and outdoor storage on the west side of the building. The property sits on a 2.55-acre lot, conveniently located one mile north of I-90 Exit 61/Elk Vale Road, providing easy access to major transportation routes. The zoning is Light Industrial, and three-phase power is available. A loading dock could be added to accommodate specific needs. The lease rate is $9.50 per square foot per year, NNN. This property offers a combination of modern amenities and strategic location, making it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL LOFT BUILDING
Total area 20,000 SF
Lot 2.55 ac (111,078 SF)
APN 21-27-151-010
UPID US79-0078595
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
by Request
Comparable Approach Comparable
$880k
Blend (final) Blend
$955k
Owner & transaction history
353 AMERICAS WAY LLC
353 AMERICAS WAY LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $1.4M +84.4%
Warehouse, storage $1.2M +54.2%
Neighborhood: shopping center $865,000 +13.7%
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More about this property
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