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Residential Lot in Sioux Falls
For Sale
$475,000

2894 E Old Orchard Trl, Sioux Falls, SD 57103

Land, Sioux Falls, SD

Property SizeContact for details
Lot Size0.63 Acres
Days on Market126

Property Features for 2894 E Old Orchard Trl

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision Orchard Heights Addn
Lot features Corner Lot, City Lot, Level
Elementary school Harvey Dunn ES
Middle school Ben REifel Middle School
High school Washington HS
Elementary school district Sioux Falls
Middle school district SiouxFalls
High school district SiouxFalls
Directions South on southeastern from 26th street, turn east on 33rd, and south on East Old Orchard.
Standard status Active
APN 41139
Lot size 0.63 Acres

Taxes and HOA fees

Tax Description W 90' (EX N 340') TRACT 2 ORCHARD PLACE TRACTS IN CITY OF SIOUX FALLS
Tax Annual Amount 3270
Legal Description W 90' (EX N 340') TRACT 2 ORCHARD PLACE TRACTS IN CITY OF SIOUX FALLS

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Listing Agency: Keller Williams Realty Sioux Falls
Listed By: Mert Kramer
Added: Apr 17 Changed: Aug 20 Last Checked: Aug 20 at 5:06AM
MLS# 22602812

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents an opportunity to purchase a 0.6312-acre residential lot. The existing structure is currently livable but may benefit from updates. Alternatively, the home can be removed from the property through a program with South East Development Foundation (SEDF), creating a clean lot for new construction. As part of this process, the buyer may qualify for a potential tax credit estimated between $150,000-$200,000. This can present a unique financial advantage for those planning a new build or investment project. See the attached document for full details on how the SEDF program works and eligibility requirements. The property is located in Sioux Falls, South Dakota.

Key Highlights

  • Potential tax credit of $150,000-$200,000 for new construction (subject to eligibility).
  • Opportunity to remove existing structure through South East Development Foundation (SEDF) program.
  • Residential lot suitable for new construction.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Hair Salon Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 57103, SD

36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Residential lot with potential tax credit for new construction.
Where is this land located?
The property is located at 2894 E Old Orchard Trl Sioux Falls, SD.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Potential tax credit of $150,000-$200,000 for new construction (subject to eligibility).; Opportunity to remove existing structure through South East Development Foundation (SEDF) program.; Residential lot suitable for new construction.
More about this property
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