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    400 S Block Washington Ave Madison, SD 57042

    For Sale
    $114,900

    LAND - Madison, SD

    Lot size:
    0.31 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 400 S Block Washington Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    210100240010010
    Lot size
    0.31 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    EXIT Realty Advantage (605) 270-2598 [email protected]

    Listing agent Angela J Peters

    Listing date Aug 5, 2025

    MLS# 22506017 Listing URL

    Copyright © 2025 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.

    Overview

    Commercial Land on Washington Avenue

    This commercial land lot offers a clean slate for development on one of the busiest roads in Madison, South Dakota. The property's location provides exposure suitable for a business. Washington Avenue has been recently updated to accommodate city infrastructure. The level topography property includes access to water, natural gas, electricity, and sewer. The property is located in Lake County, and is ideal for entrepreneurs. The lot is currently generating lot rent, providing income potential while awaiting future development. The lot size is approximately 0.3122 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Madison
    County
    Lake
    State
    South Dakota
    Longitude
    -97.10903264
    Latitude
    43.99994088

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with utilities on a busy road in Madison.
    Where is this commercial land located?
    The property is located at 400 S Block Washington Ave Madison, SD.
    What is the asking price?
    The asking price for this property is $114,900.
    What are key features of this property?
    This property features: - 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.
    (605) 270-2598
    Request Owner's contact information
    400 S Block Washington Ave Madison, SD 57042
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    Madison, SD 57042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 S Block Washington Ave Madison, SD 57042
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