Property profile & analytics
715 S Main St Mitchell, SD 57301
- Commercial real estate
- 2,565 SF
- 0.16 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US79-0520414
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
- CorInsurance / Insurance Agency
- Gauer Mark / Insurance Agency
- Abra Auto Body Repair of America / Auto Repair Shop
- ABRA Auto Body Mitchell-SD / Auto Repair Shop
Property Details for 715 S Main St
- Year built
- 1994
- Lot size
- 0.16 lot acres
- Property size
- 2,565 SF
- Property type
- Commercial real estate
- APN
- 15580-00400-007-00
- APU
- 155800040000700
Description
This exceptional 1.04-acre commercial property, located at 715 S Main St in Mitchell, South Dakota, presents a unique investment opportunity. The property features two heated buildings totaling nearly 7,000 square feet of versatile space, perfect for a variety of uses. The larger building boasts impressive 16-foot ceilings, while the smaller building offers 14-foot ceilings. Both buildings include bathrooms and durable concrete floors. A front office area in one building is air-conditioned, providing comfortable workspace. Currently, the property is 100% occupied by an auto body shop under a modified lease expiring January 31, 2025. The lease is month-to-month with a maximum three-month extension. The property is zoned for Highway Business use and includes ample parking with 50 spaces. Built in 1998 and renovated in 2020, this Class B property offers a blend of functionality and modern updates. The asking price is $899,000, translating to $131.43 per square foot. This sale is structured as a sale-leaseback, ideal for an owner-user seeking immediate income generation. The property's location near Havens Avenue provides excellent visibility and accessibility. This is an outstanding opportunity for a contractor, implement dealer, auto repair shop, detailing business, or similar enterprise.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mitchell
- County
- Davison
- State
- South Dakota
- Longitude
- -98.026
- Latitude
- 43.716
- CBSA code
- 33580
- CBSA name
- MITCHELL, SD MICROPOLITAN 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
2024
$3,073
$12,425
$216,091
$228,516
-
$0.00
$0.00
$0.00
