Commercial

Madison, SD Commercial Land for Sale

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Commercial Land on Washington Avenue
Updated: Aug 4, 2025
Commercial Land on Washington Avenue

400 S Block Washington Ave, Madison, SD 57042

$114,900
0.31 AC lot
High‑traffic location on Washington Avenue, ideal for business exposure.
Utilities readily available: water, natural gas, electricity, and public sewer.
Level topography suitable for construction.
Opportunity to earn lot rent while planning development.
Recently updated Washington Avenue infrastructure.
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Highway Frontage Redevelopment Opportunity
Updated: Oct 2, 2024
Highway Frontage Redevelopment Opportunity

514 S Washington Ave, Madison, SD 57042

$325,000
1.18 AC lot
1.18 acres of highway frontage property ideal for business re‑development.
Nearly 200 feet of highway frontage on Washington Ave.
Zoned as highway business, offering diverse usage possibilities.
Formerly a restaurant and plumbing shop.
On‑site parking available.
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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Madison, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Commercial Land Near I-29
Commercial Land Near I-29

24604 Klein Ave, Dell Rapids, SD 57022

$499,000

Commercial land available near I-29 and Highway 115.

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Prime Development Land in Brookings
Prime Development Land in Brookings

Christine Ave, Brookings, SD

$875,000
2.36 AC lot

Development land in Brookings, utilities to site, can be subdivided.

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Mixed-Use Development Land Available
Mixed-Use Development Land Available

2432 Main Ave S, Brookings, SD 57006

$4,321,152

Development land suitable for retail, office, multi-family, or restaurant.

View details
Commercial Land with Road Frontage
Commercial Land with Road Frontage

600 Quartzite St, Dell Rapids, SD 57022

$269,900

Commercial land with road frontage and highway access.

View details

Off-Market Properties in Madison, SD

Consider similar Off-Market properties in Madison, SD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

630 Washington Ave
VACANT COMMERCIAL LAND

630 Washington Ave, Madison, SD 57042-3518

Value Estimation by Request
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1004 Washington Ave
VACANT COMMERCIAL LAND

1004 Washington Ave, Madison, SD 57042-3522

Value Estimation by Request
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219 Washington Ave
VACANT COMMERCIAL LAND

219 Washington Ave, Madison, SD 57042-2949

Value Estimation by Request
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800 Washington Ave
VACANT COMMERCIAL LAND

800 Washington Ave, Madison, SD 57042-3542

Value Estimation by Request
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428 Washington Ave
VACANT COMMERCIAL LAND

428 Washington Ave, Madison, SD 57042-3054

Value Estimation by Request
View details
215 Van Eps Ave
VACANT COMMERCIAL LAND

215 Van Eps Ave, Madison, SD 57042-2142

Value Estimation by Request
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311 Un Ave
VACANT COMMERCIAL LAND

311 Un Ave, Madison, SD 57042-2741

Value Estimation by Request
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209 Highland Ave
VACANT COMMERCIAL LAND

209 Highland Ave, Madison, SD 57042-2606

Value Estimation by Request
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219 Highland Ave
VACANT COMMERCIAL LAND

219 Highland Ave, Madison, SD 57042-2501

Value Estimation by Request
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1023 Heatherwood Ave
VACANT COMMERCIAL LAND

1023 Heatherwood Ave, Madison, SD 57042-0901

Value Estimation by Request
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1121 Heatherwood Ave
VACANT COMMERCIAL LAND

1121 Heatherwood Ave, Madison, SD 57042-0908

Value Estimation by Request
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1103 Heatherwood Ave
VACANT COMMERCIAL LAND

1103 Heatherwood Ave, Madison, SD 57042-0908

Value Estimation by Request
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1107 Heatherwood Ave
VACANT COMMERCIAL LAND

1107 Heatherwood Ave, Madison, SD 57042-0908

Value Estimation by Request
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1115 Heatherwood Ave
VACANT COMMERCIAL LAND

1115 Heatherwood Ave, Madison, SD 57042-0908

Value Estimation by Request
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1111 Heatherwood Ave
VACANT COMMERCIAL LAND

1111 Heatherwood Ave, Madison, SD 57042-0908

Value Estimation by Request
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23357 Farmer Ave
VACANT COMMERCIAL LAND

23357 Farmer Ave, Madison, SD 57042-6828

Value Estimation by Request
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200 Egan Ave
VACANT COMMERCIAL LAND

200 Egan Ave, Madison, SD 57042-2227

Value Estimation by Request
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313 Egan Ave
VACANT COMMERCIAL LAND

313 Egan Ave, Madison, SD 57042-2137

Value Estimation by Request
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718 8th St
VACANT COMMERCIAL LAND

718 8th St, Madison, SD 57042-1811

Value Estimation by Request
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900 4th St
VACANT COMMERCIAL LAND

900 4th St, Madison, SD 57042-2602

Value Estimation by Request
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23484 455th Ave
VACANT COMMERCIAL LAND

23484 455th Ave, Madison, SD 57042-6812

Value Estimation by Request
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211 3rd St
VACANT COMMERCIAL LAND

211 3rd St, Madison, SD 57042-2936

Value Estimation by Request
View details

Madison, SD Commercial Land Market Trends and Statistics

Explore 72 commercial land for sale in Madison, SD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $439,900.

Sale prices for commercial lots in Madison, SD start at $114,900, averaging $219,950, and reaching up to $325,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 2
Recreation land 1

Demographics Overview

Population 7,900
Population Growth (5Y) -15.4%
Median Household Income $68,672
College Educated 47.5%

High-Yield Neighborhoods for Investment

Identify Madison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
57042 $220K

Taxes & Financing

Tax Rate (average for all types) 1.65%
Property Tax per SF $1.74 per SF
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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