Financial
Distress signals
Property profile

411 3Rd Ave S Clear Lake, SD 57226

FOR SALE
Other commercial real estate
Property ID
US79-0678666
1 ac lot Built 1952
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a turnkey BBQ restaurant business and real estate located at 411 3rd Avenue South in Clear Lake, South Dakota. It includes an approximately 1,500 square foot dining and service area and a 250 square foot patio for outdoor service. The interior is configured with a commercial kitchen and associated dining/service spaces, and it includes furnishings and equipment (FF&E) intended to support operation without major rebuild. The restaurant underwent a full remodel in 2020, including replacement or updates to HVAC, electrical, plumbing, walls, and flooring.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$737
Tax billed · 2024
Assessed value$41k
Assessed land$4k
Assessed improvement$38k
Effective rate1.78%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionDEUEL

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency9.4
Auto Parts Store9.1
Electrical Service9.1

Location

411 3Rd Ave S Clear Lake, SD 57226
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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