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    OFF-MARKET
    Warehouses

    47 C Ave, Wasta, SD 57791-6105

    1,080 SF 0.52 ac lot Built 1965
    Entity Owned Free & Clear
    Property ID
    US79-0118304
    Property summary
    AI-generated overview

    This exceptional 0.05-acre retail lot in Wasta, South Dakota, presents a unique investment opportunity. Located approximately 30 minutes east of Rapid City, this property boasts unparalleled visibility from Interstate 90, ensuring high traffic exposure for any business. The seller is motivated to bring new commerce to the thriving community and is offering the property at a below-market price of $50,000. A restricted use list is in place, prioritizing businesses offering goods and services to the local residents. The seller's commitment to the community extends to a willingness to collaborate on a build-to-suit arrangement for the right prospective buyer, streamlining the development process. This presents a rare chance to establish a business in a growing town with convenient access to a major interstate and the amenities of Rapid City. The seller is actively seeking a buyer who will construct a new building and operate a business within a reasonable timeframe. This is an ideal opportunity for entrepreneurs seeking a high-visibility location with a supportive community and a motivated seller. Don't miss this chance to be a part of Wasta's continued growth and development.

    Property profile
    Verified
    Property type Warehouses
    Use group MINI-WAREHOUSE, STORAGE
    Year built 1965
    Total area 1,080 SF
    Lot 0.52 ac (22,651 SF)
    APN 44-05-478-006
    UPID US79-0118304
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CREEK LLC
    CREEK LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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