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    Tea, SD
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    Tea, SD Apartment Buildings for Sale

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    Sioux Falls, SD Harrisburg, SD Hartford, SD
    Commercial Space with Apartment Units
    Updated: Nov 25, 2025
    Commercial Space with Apartment Units

    120 N Heritage Pkwy, Tea, SD

    $895,000
    758 sqft · 8.54 AC lot
    Ample commercial space with 30 apartment units above
    Building signage available
    Located on the cross streets of Heritage Parkway and First Street
    Potential for enclosed garage space (for additional rent)
    Phase I available for tenant build‑outs
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tea, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Sioux Falls Multifamily Investment Property
    Sioux Falls Multifamily Investment Property

    3113 W 12th St, Sioux Falls, SD 57104

    $3,500,000
    60,798 sqft · 1.47 AC lot

    30-unit apartment complex in Sioux Falls, 100% occupied.

    View details
    RV Park and Apartments
    RV Park and Apartments

    4501 W 12th St, Sioux Falls, SD

    $8,503,638
    15.02 AC lot

    RV park with apartments, high visibility, and commercial zoning.

    View details
    New Multifamily Property with Amenities
    New Multifamily Property with Amenities

    120 W Hatting St, Luverne, MN 56156

    $7,000,000

    Multifamily property built in 2023 with assumable HUD loan.

    View details
    City Centre Condominium Complex
    City Centre Condominium Complex

    109 E Luverne Street Units 101-336, Luverne, MN 56156

    $1,750,000
    75,000 sqft · 2.22 AC lot

    32-unit complex in Luverne, featuring a full gymnasium.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

    View details
    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

    View details
    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Tea, SD Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Tea, SD on our real estate platform. These investment opportunities span a total of 758 square feet of properties for sale, with an estimated market value of $895,000.

    Sale prices for two-family homes in Tea, SD start at $895,000, averaging $895,000, and reaching up to $895,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 7,619
    Population Growth (5Y) +19.2%
    Median Household Income $104,351
    College Educated 50.2%

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $31.09 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lincoln County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Tea fall within the 25,000 to 50,000 square foot range.

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