Property profile

821 Main St Scotland, SD 57059

FOR SALE
Other commercial real estate
Property ID
US79-0435837
2 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This apartment building contains eight residential units: seven units with 2 bedrooms and 1 bathroom, and one unit with 1 bedroom and 1 bathroom. Approximately half of the units and the shared common areas have been renovated. The building is heated with electric baseboard heating and includes a water heater. Tenants have access to shared laundry facilities with a common area washer and dryer. Utility arrangements provide that tenant electric costs are billed separately, while other utilities are covered by the landlord. The property is part of a multi-property package listing that also includes Fox Run Apartments at 1313 West 30th Street, Yankton, SD 57078.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2 ac (87,120 SF)
APN 51.13.02.0801
UPID US79-0435837

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Building
  • Heliport

Location

821 Main St Scotland, SD 57059
Scotland metro Census 967600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

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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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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