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    500 N Heritage Pkwy Tea, SD 57064

    For Sale
    $220,000

    LAND - Tea, SD

    Lot size:
    0.68 Acres
    Days on Market:
    149
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 500 N Heritage Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Municipality/General Busi
    APN
    240.28.25.002
    Lot size
    0.68 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Water source
    Public

    Faith Realty Brokers, LLC (605) 453-0006 [email protected]

    Listing agent Tricia C Cook

    Listing date Jul 20, 2025

    MLS# 22501539 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 Lot in Growing Community

    This commercial lot is positioned at the heart of the major intersection of Heritage Parkway and Kevin Drive, offering maximum visibility and exposure to a high volume of daily traffic. Located in the fast-growing community of Tea, SD, and just minutes from the Largest City in South Dakota, this property is suited for businesses looking to capitalize on established and incoming foot traffic. The lot's versatile zoning and strategic location offer numerous possibilities, including a retail space, restaurant, office building, or service-oriented business. The surrounding area is experiencing rapid development with new residential projects, commercial developments, and amenities. The lot size is 0.6808 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.825813
    Latitude
    43.450904

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial lot in Tea, SD with high visibility.
    Where is this commercial land located?
    The property is located at 500 N Heritage Pkwy Tea, SD.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - High-visibility location at the intersection of Heritage Parkway and Kevin Drive.; - Strategic location in the fast-growing community of Tea, SD.; - Proximity to the largest city in South Dakota.
    (605) 453-0006
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    Tea, SD 57064
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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
    500 N Heritage Pkwy Tea, SD 57064
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