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1919 W Cherry St - SE SD-Rail-Warehouses-Land-Grain SALE/LEASE

70,000 SF Speciality Building Offered at £1,690,621 in Vermillion, SD 57069

Investment Highlights

  • Rail: BNSF mainline service. 5,183’ private track with 3 spurs.
  • Land: 43+ acres commercial/ag property. Centrally located - SE SD.
  • Warehouse: 120x500 60,000 sq ft. 40x96 diked. 48x80 heated. 30x48 office with 120,000# scale. Addl whse & docks.
  • Grain/Commodity: Approx 2.2 million in grain storage(all locations). Rail loadout. 3 dryers.

Executive Summary

Facility for sale or lease.
Rail-Warehouses-Land-Grain Elevator. Prime Southeast South Dakota location.
Grain: All locations – just under 2.4 million bu in grain stg
Rail: BNSF mainline service. 5,183’ private track with 3 spurs.
Warehouse: 120x500 60,000 sq ft. 40x96 diked. 48x80 heated. 30x48 office with 120,000# scale. Addl whse & docks.
Land: 43+ acres commercial/ag property
Location: SE SD. On SD hwys 50 & 19. 8 miles to I29. SD/NE bridge directly south.
Centrally located - Less than 1 hr to Sioux Falls, SD & Sioux City, IA. 2 hours to Omaha, NE.
3.5 hr to Des Moines, IA. 4.5-5 hr to Kansas City, MO - Minneapolis, MN - Rapid City, SD – Fargo, ND
Current capabilities: Grain/bulk commodity handling. Warehousing. Rail transloading. Trucking.
Kevin Myron - Manager/Co-owner
AG OPPortunities, Inc.
PO Box 473
1919 W. Cherry St.
Vermillion, SD 57069
605-624-6240
605-202-0486 cell
agoppkm@gmail.com

Additional detail:
West location - 1919 W. Cherry St (Hwy 50) – Vermillion, SD 57069
43+ acres. Zoned commercial & ag use.
Intersects with major highways – Hwy 50 SD – SD Hwy 19/NE Hwy 15. SD/NE bridge over Missouri River directly south.
BNSF (Class 1 rail line) mainline rail service – just under 1 mile of track. Starts with 12 car spur, and breaks off into 3 spurs (20/27/25 cars) to easily accommodate multiple commodities/types of cars. Previously loaded out 54 car units. By feet: main spur (727’ – 12 cars) and 3 spurs (1220’ – 20 cars) (1558’ – 25 cars) (1678’ – 27 cars), for a total of 5183’ – 84 cars+.
30x48 Office with scale. 120,000# 12x80 certified scale
120x500 60,000 sq ft building. Engineered for bulk commodity storage – 8’ commodity walls. Engineered to support roof conveyors. 6 - 20x20 full sized truck bays. 25’ walls – 35’ peak.
40x96 Diked chemical storage warehouse. With water hydrant - 2” water service. 3 elevated truck docks. Elevated & ramped dock for railcar load/unload.
Warehouse & dock – attached to grain dump area. 20x54 enclosed area. 20x60x3.5 concrete loading dock/pad. Multiple large graveled lots for semi parking/trafficking.
48x80 Heated shop/equipment building. Fuel & oil containment. With water hydrant.
Already zoned for commercial/ag. Over 40+ year history of commercial ag use: Terminal Grain, Cargill, Vermillion Fertilizer & Grain (now AG OPPortunities). Just outside Vermillion city limits.
Utilities already in place:
Natural gas (MidAmerican) Size of gas main: 4” main, 18 psi
Electric (Clay-Union Electric) Electric voltage onsite: 800 KVA
Water/Waste (City of Vermillion). 6” PVC, 62 psi measured at property main
Propane tank on site.
Grain/commodity equipment:
9 bins with 366,000 bu of air floor bin storage. 2 grain dryers(1000 + 900). All networked.
Rail loadout system: 20,000 bph loadout leg. 30,000 bph bulk weigher (was/can be certified) compu-weigh system. All bins & flat storage networked for rail and/or truck loadout and controlled from rail house.
120x500 bldg can store 1,000,000+ bu of corn. Conveyor system to fill 100%, empty 33%+.
South location – 611 W. Broadway St – Vermillion, SD 57069 – 5+ acres
Main – 9 bins with 446,000 networked bu stg. 1 dryer. 40x120 60,000 bu flat stg building.
BNSF lease track available. Office, 2 add’l warehouses, & rental house.
** SOLD** East – 28 bins with 180,000 networked bu stg. 48x120 80,000 bu attached bunker. **SOLD**
North – 3 bins with 210,000 bu stg. 20x20 air floors.
All locations – just under 2.4 million bu in grain stg.
Various mobile equipment: 4 semis, 3 grain trailers, 10 portable grain augers, 2 grain vacs, 2 payloaders, 2 skid loaders, 1 forklift, 2 tractors, 1 straight truck, 1 dump truck, 4 pickups, 4 utility trailers, mobile welder/torch trailer
Location highlights:
8 miles from I-29 north/south connected by 4 lane hwy
On SD hwy 50 (and hwy 50 bus route) east/west Just outside Vermillion, SD city limits
On SD hwy 19/NE hwy 15 north/south bridge over Missouri River directly south
Proximity to major cities:
Sioux City, IA 40 min 40 miles
Sioux Falls, SD 1 hr 65 miles
Norfolk, NE 1.3 hr 75 miles
Omaha, NE 2 hr 136 miles
Des Moines, IA 3.5 hr 237 miles
Fargo, ND 4.5 hr 303 miles
Kansas City, MO 4.75 hr 318 miles
Minneapolis, MN 5 hr 301 miles
Rapid City, SD 5.5 hr 389 miles
Winnipeg CAN 8 hr
St Louis/Chicago/Denver 8.5 hr

All properties available for sale. Together or separate. Make offers!
Prefer to sell all, but all properties open to discussion for lease (other than grain handling) - from Absolute Triple Net Lease to Full Service Gross Lease.
All 3 facilities – $2,550,000
2.2 million bu
West facility - $1,9360,000
1919 W Cherry St
1,400,000 bu – 10 bins – 120x500 building – 4 addl buildings – 43 acres – office/scale - 2 dryers – rail loadout
South facility - $550,000
611 W Broadway St
510,000 bu – 9 bins – 5 structures – 1 dryer – 4 legs
** East facility - **SOLD**
North bins - $136,500 $157,000 with conveyor/drive over – addl $20,500
605 W 8th St
210,000 bu – 3 bins
Kevin Myron - Manager/Co-owner
AG OPPortunities, Inc.
PO Box 473
1919 W. Cherry St.
Vermillion, SD 57069
605-624-6240
605-202-0486 cell
agoppkm@hotmail.com

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes £5,192 £0.07
Operating Expenses £1 £0.00

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual £5,192
Annual Per SF £0.07
Operating Expenses
Annual £1
Annual Per SF £0.00
Total Expenses
Annual £5,193
Annual Per SF £0.07

Property Facts

Price £1,690,621
Price Per SF £24
Sale Type Owner User
Sale Conditions Business Value Included
Property Type Speciality
Property Subtype
Railroad Yard
  • Specialty Parking Lot
  • Specialty Lumberyard
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 43.00 AC
Building Size 70,000 SF
Number of Floors 1
Year Built 2003
Parking Ratio 0.39/1,000 SF
Opportunity Zone Yes

Amenities

  • Property Manager on Site
  • Air Conditioning
  • Smoke Detector

About 1919 W Cherry St , Vermillion, SD 57069

Facility for sale or lease. Grain Elevator-Rail-Warehouse-Land. Prime Southeast South Dakota location. Grain: All locations – just under 2.2 million bu in grain stg Rail: BNSF mainline service. 5,183’ private track with 3 spurs. Warehouse: 120x500 60,000 sq ft. 40x96 diked. 48x80 heated. 30x48 office with 120,000# scale. Addl whse & docks. Land: 43+ acres zoned Light Industrial - commercial/ag property Location: SE SD. On SD hwys 50 & 19. 8 miles to I29. SD/NE bridge directly south. Centrally located - Less than 1 hr to Sioux Falls, SD & Sioux City, IA. 2 hours to Omaha, NE. 3.5 hr to Des Moines, IA. 4.5-5 hr to Kansas City, MO - Minneapolis, MN - Rapid City, SD – Fargo, ND Current capabilities: Grain/bulk commodity handling. Warehousing. Rail transloading. Light manufacturing, Trucking. Kevin Myron - Manager/Co-owner AG OPPortunities, Inc. PO Box 473 1919 W. Cherry St. Vermillion, SD 57069 605-624-6240 605-202-0486 cell agoppkm@hotmail.com agoppkm@gmail.com Additional detail: West location - 1919 W. Cherry St (Hwy 50) – Vermillion, SD 57069 43+ acres. Zoned commercial & ag use. Intersects with major highways – Hwy 50 SD – SD Hwy 19/NE Hwy 15. SD/NE bridge over Missouri River directly south. BNSF (Class 1 rail line) mainline rail service – just under 1 mile of track. Starts with 12 car spur, and breaks off into 3 spurs (20/27/25 cars) to easily accommodate multiple commodities/types of cars. Previously loaded out 54 car units. By feet: main spur (727’ – 12 cars) and 3 spurs (1220’ – 20 cars) (1558’ – 25 cars) (1678’ – 27 cars), for a total of 5183’ – 84 cars+. 30x50 Office with scale. 120,000# 12x80 certified scale 120x500 60,000 sq ft building. Engineered for bulk commodity storage – 8’ commodity walls. Engineered to support roof conveyors. 6 - 20x20 full sized truck bays. 25’ walls – 35’ peak. 40x96 Diked chemical storage warehouse. With water hydrant - 2” water service. 3 elevated truck docks. Elevated & ramped dock for railcar load/unload. Warehouse & dock – attached to grain dump area. 20x54 enclosed area. 20x60x3.5 concrete loading dock/pad. 16x74x18 drive thru bay. Multiple large graveled lots for semi parking/trafficking. 48x80 Heated shop/equipment building. Fuel & oil containment. With water hydrant. 12x20x11 Concrete electrical control room. Over 70 - 3 phase & 110 start/stop/breaker boxes. Already zoned for commercial/ag - Light Industrial. Over 40+ year history of commercial ag use: Terminal Grain, Cargill, Vermillion Fertilizer & Grain (now AG OPPortunities). Just outside Vermillion city limits. Sales tax recently lowered to 4.2%. Utilities already in place: Natural gas (MidAmerican) Size of gas main: 4” main, 18 psi Electric (Clay-Union Electric) Electric voltage onsite: 800 KVA Water/Waste (City of Vermillion). 6” PVC, 62 psi measured at property main Propane tank on site. Grain/commodity equipment: 9 bins with 366,000 bu of air floor bin storage. 2 grain dryers(1000 + 900). All networked. Rail loadout system: 20,000 bph loadout leg. 30,000 bph bulk weigher (was/can be certified) compu-weigh system. All bins & flat storage networked for rail and/or truck loadout and controlled from rail house. 120x500 bldg can store 1,000,000+ bu of corn. Conveyor system to fill 100%, empty 33%+. ADDITIONAL FACILITIES/ASSETS AVAILABLE: South location – 611 W. Broadway St – Vermillion, SD 57069 – 5+ acres Main – 9 bins with 446,000 networked bu stg. 1 dryer. 40x120 60,000 bu flat stg building. BNSF lease track available. Office, 2 add’l warehouses, & rental house. ** SOLD** East – 28 bins with 180,000 networked bu stg. 48x120 80,000 bu attached bunker. **SOLD** North – 3 bins with 210,000 bu stg. 20x20 air floors. All locations – just under 2.2 million bu in grain stg. Also available: Various mobile equipment: 3 portable grain augers, payloader, skid loader Location highlights: 8 miles from I-29 north/south connected by 4 lane hwy On SD hwy 50 (and hwy 50 bus route) east/west Just outside Vermillion, SD city limits On SD hwy 19/NE hwy 15 north/south bridge over Missouri River directly south Proximity to major cities: Sioux City, IA 40 min 40 miles Sioux Falls, SD 1 hr 65 miles Norfolk, NE 1.3 hr 75 miles Omaha, NE 2 hr 136 miles Des Moines, IA 3.5 hr 237 miles Fargo, ND 4.5 hr 303 miles Kansas City, MO 4.75 hr 318 miles Minneapolis, MN 5 hr 301 miles Rapid City, SD 5.5 hr 389 miles Winnipeg CAN 8 hr St Louis/Chicago/Denver 8.5 hr All properties available for sale. Together or separate. Make offers! Prefer to sell all, but all properties open to discussion for lease (other than grain handling) - from Absolute Triple Net Lease to Full Service Gross Lease. All 3 facilities – $2,847,000 2.2 million bu West facility - $2,140,000 1919 W Cherry St 1,400,000 bu – 10 bins – 120x500 building – 4 addl buildings – 43 acres – office/scale - 2 dryers – rail loadout - 1 mile of track South facility - $550,000 611 W Broadway St 510,000 bu – 9 bins – 5 structures – 1 dryer – 4 legs ** East facility - **SOLD** North bins - $157,000 with conveyor/drive over – addl $20,500 - $136,500 W/O loading equip. 605 W 8th St 210,000 bu – 3 bins Kevin Myron - Manager/Co-owner AG OPPortunities, Inc. PO Box 473 1919 W. Cherry St. Vermillion, SD 57069 605-624-6240 605-202-0486 cell agoppkm@hotmail.com agoppkm@gmail.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 11700-09252-140-00
  • 11000-09252-142-07
  • 11700-09252-143-03
Land Assessment
£71,189 (2024)
Improvements Assessment
£354,480 (2024)
Total Assessment
£425,668 (2024)
Annual Taxes
£5,192 (£0.07/sf)
Tax Year
2022 Payable 2023

zoning

Zoning Code Light Industrial (Light Industrial Agricultural/Ag Business zone has 22+ allowed uses (grain elevator, warehouse, wholesale trade, light manufacturing, etc) 5 cond uses)
Light Industrial (Light Industrial Agricultural/Ag Business zone has 22+ allowed uses (grain elevator, warehouse, wholesale trade, light manufacturing, etc) 5 cond uses)
  • Listing ID: 24011705

  • Date on Market: 31/08/2021

  • Last Updated:

  • Address: 1919 W Cherry St, Vermillion, SD 57069

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