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Tea Shop & Land 27050 S Kerslake Pl 5,200 SF 100% Leased Industrial Building Tea, SD 57064 $1,292,920 ($248.64/SF)
Investment Highlights
- *Excess land to be purchased with the building; Availability is negotiable
- Includes a large concrete pad for parking
- Neighboring users includes Power Systems, Advanced Moving, Teamco, Fox Storage, and more
- Abundant outdoor storage/yard space
- 4,450 SF +/- (85.6%) shop/storage warehouse; 750 SF +/- (14.4%) office area offers a reception space with two offices, a restroom, utility closet
- Nearby amenities include Casey’s, Taco John’s, Anytime Fitness, Jersey Mike’s (under construction), Culver’s (under construction), Scooter’s, and more
Executive Summary
Presenting an owner-occupant opportunity on the edge of city limits in Tea, SD. The offering includes a well-maintained 5,200 SF shop with office space, outdoor yard storage, partial concrete paved parking, and an additional 1.00 acre land parcel. The shop may be purchased independently, with the excess land available to purchase with the building. The property features three 12'x16' overhead doors, 14' sidewalls, floor drainage, radiant heat, mezzanine storage, and 750 SF of office/reception space. Availability is negotiable.
Property Facts
| Price | $1,292,920 | Building Class | B |
| Price Per SF | $248.64 | Lot Size | 2.13 AC |
| Sale Type | Investment | Rentable Building Area | 5,200 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 2004 |
| Zoning | C - Commercial | ||
| Price | $1,292,920 |
| Price Per SF | $248.64 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.13 AC |
| Rentable Building Area | 5,200 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Zoning | C - Commercial |
Amenities
- Controlled Access
- Floor Drains
- Mezzanine
- Security System
- Storage Space
- Breakroom
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $176,612 | |
| Land Assessment | $394,328 | Total Assessment | $570,940 |
Property Taxes
Parcel Numbers
Land Assessment
$394,328
Improvements Assessment
$176,612
Total Assessment
$570,940
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Tea Shop & Land | 27050 S Kerslake Pl
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