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23440 456th Ave

18,200 SF Industrial Building Madison, SD 57042 £786,060 (£43/SF)

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Investment Highlights

Great access on SD Highway 34.
Area neighbors include Kibble Equipment, Runnings, Global Polymer Industries.

Located at the corner of 456th Avenue and SD Highway 34.
Madison, SD is located in Lake County and is made up of 6,071 people. The town offers an attractive business environment, affordable living, etc.

Executive Summary

Property is made up of 3 buildings
Building 1: 9,600 SF built 2006
Includes 1,260 SF of finished office and showroom area
Building 2: 7,000 SF built 2007
Includes 3,500 SF finished shop area and 3,500 SF cold storage area
Building 3: 1,600 SF built 2009 - shop space
Concrete slab foundation
Real Estate Taxes: $5,505.46

7077 Northland Cir_flyer_lease_10.11.24

Property Facts

Price	£786,060	Lot Size	5.00 AC
Price Per SF	£43	Rentable Building Area	18,200 SF
Sale Type	Investment or Owner User	Number of Floors	1
Property Type	Industrial	Year Built/Renovated	2006/2009
Property Subtype	Warehouse	Tenancy	Single
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£786,060
Price Per SF	£43
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse
Building Class	B
Lot Size	5.00 AC
Rentable Building Area	18,200 SF
Number of Floors	1
Year Built/Renovated	2006/2009
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.