Property profile

400 Bower St Vermillion, SD 57069

FOR LEASE
Commercial real estate
Property ID
US79-0159253
29,800 SF 3.23 ac lot Built 2008
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Vermillion Mall, located at 400 Bower St, Vermillion, SD 57069, offers exceptional retail, office, and restaurant opportunities. This Class B property boasts a total of 30,000 square feet, with multiple tenancy options available. Six spaces are currently available, ranging in size from 1,400 to 8,000 square feet, catering to diverse business needs. The property's versatile design accommodates traditional office, coworking, and creative office spaces, making it ideal for a variety of tenants. Its prime location along US Hwy 50 ensures high visibility and accessibility, situated near major retailers including Walmart, Scooters Coffee, Goodwill, Runnings, Hy-Vee, Tractor Supply, Casey's, and a soon-to-be-completed Les Schwab Tire. This thriving commercial area in Clay County, South Dakota presents a unique opportunity for businesses seeking a high-traffic location with excellent visibility and diverse space options. The property's adaptable layout allows for customization to meet specific business requirements. Contact us to explore the possibilities and secure your space in this dynamic Vermillion commercial hub.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2008
Total area 29,800 SF
Lot 3.23 ac (140,699 SF)
APN 15415-00200-080-00
UPID US79-0159253

Cap rate & NOI

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

Location

400 Bower St Vermillion, SD 57069
Vermillion metro Census 965700 VERMILLION, SD MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$820k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$820k

Owner & transaction history

since 2025
Last sale
$1.1M
1 recorded transaction
2025
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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