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

    709 Splitrock Blvd Brandon, SD 57005-2004

    • Auto shops
    • 3,431 SF
    • 0.65 lot acres
    OFF-MARKET
    Value Estimations
    $300,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US79-0049668
    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

    • Vogel Motors / Auto Repair Shop / Mechanic

    Property Details for 709 Splitrock Blvd

    Year built
    1996
    Construction
    FRAME
    Lot size
    0.65 lot acres
    Property size
    3,431 SF
    Property type
    Auto shops
    APN
    63709
    APU
    63709

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $378,000
      Market price range: $194k - $459k
      AI Estimate
      $319,000
      Market price range: $131k - $370k

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.5728
    Latitude
    43.6022
    CBSA code
    43620
    CBSA name
    SIOUX FALLS, SD METROPOLITAN 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
    2022
    $5,855
    $134,500
    $184,400
    $318,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $315,000
      8,060 SF

      1208 Redwood Blvd

      AUTO REPAIR, GARAGE • 8,060 SF
      1208 Redwood Blvd, Brandon, SD 57005-1590
      View Details
    • Value Estimation
      $290,000
      5,000 SF

      1716 Walnut Ave

      AUTO REPAIR, GARAGE • 5,000 SF
      1716 Walnut Ave, Brandon, SD 57005-2075
      View Details
    • Value Estimation
      $870,000
      0.25 Acres

      901 Garnet Dr

      AUTO REPAIR, GARAGE • 0.25 Acres
      901 Garnet Dr, Brandon, SD 57005-2524
      View Details
    • Value Estimation by Request
      95.61 Acres

      Brandon, SD 57005

      AUTO REPAIR, GARAGE • 95.61 Acres
      Brandon, SD 57005
      View Details
    • Value Estimation
      $710,000
      33,792 SF

      108 Heritage Rd

      AUTO REPAIR, GARAGE • 33,792 SF
      108 Heritage Rd, Brandon, SD 57005-3066
      View Details
    • Value Estimation
      $255,000
      4,760 SF

      903 7th Ave

      AUTO REPAIR, GARAGE • 4,760 SF
      903 7th Ave, Brandon, SD 57005-2031
      View Details

    Similar Nearby for Sale

    • $1,800,000
      6,297 SF

      Turnkey Retail and Warehouse Operation

      Retail building with warehouse, business, and equipment included in sale.
      48278 268Th St, Brandon, SD 57005
      View Details
    • $660,000
      0.99 Acres

      Eagle Creek Land: Brandon, SD

      Mixed-use land, prime Brandon location. Development plans included.
      102 Sandstone Ave, Brandon, SD 57005
      View Details
    • Contact for pricing
      1.93 Acres

      Rovang Industrial Park Land for Sale

      Prime Brandon, SD Industrial Lots
      0 Honeysuckle St, Brandon, SD 57005
      View Details
    • $170,755

      Commercial Land on Sandstone Avenue

      Commercial land suitable for various professional uses.
      Sandstone Ave, Brandon, SD 57005
      View Details
    • $2,500,000
      53.43 Acres

      Brandon Development Land: 53 Acres

      Prime commercial/residential land near Brandon, SD.
      104 Chestnut Blvd, Brandon, SD 57005
      View Details
    • Contact for pricing

      Industrial Land Available in Brandon

      Two industrial lots available with development incentives and rail service.
      Rovang Industrial Park, Brandon, SD 57005
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      4,058 SF

      New Retail Center Near I-90

      New retail center with flexible layout and drive-thru opportunity.
      1313 Ash St, Brandon, SD 57005
      View Details
    • $16 SF/Yr
      3,374 SF

      Eagle Creek Retail Center Lease

      Brandon, SD retail space available.
      1515 Holly Blvd, Brandon, SD 57005
      View Details
    • $16 SF/Yr
      1,831 SF

      Retail Center on Holly Boulevard

      Retail suites available in high-visibility Brandon location.
      1511-1517 W Holly Blvd, Brandon, SD 57005
      View Details
    • Contact for pricing
      70,394 SF

      Brandon Industrial Property - For Lease

      70,394 SF Flex/Manufacturing Space Available
      1015 9Th Ave, Brandon, SD 57005
      View Details
    • $8 SF/Yr

      Industrial Warehouse with Excess Land

      Industrial warehouse for rent with office space and excess land.
      1729 North Walnut Ave, Brandon, SD 57005
      View Details
    • $8 SF/Yr
      33,800 SF

      New Construction Industrial Warehouse Space

      New construction warehouse with convenient I-90 access for lease.
      1901 N Plum Ave, Brandon, SD 57005
      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.
    709 Splitrock Blvd
    Brandon, SD 57005-2004
    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.