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Property profile & analytics
OFF-MARKET
Commercial real estate

Tbd Sturgis Rd Summerset, SD 57718

3.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.17-acre commercial lot, situated on Sturgis Road in Summerset, South Dakota, presents a unique investment opportunity. Its strategic location borders a residential area, ensuring high visibility and convenient access for potential customers. The property's previous use as a construction storage yard demonstrates its suitability for various commercial ventures. The lot offers significant potential for a diverse range of developments, including self-storage facilities, strip malls, or restaurants. Importantly, the site has undergone significant preparation. Previous waste stabilization ponds, once present on the eastern portion of the property, have been filled and the entire lot has been professionally graded, eliminating the need for extensive site work. This significantly reduces development costs and accelerates the timeline for project completion. The property's size and location make it ideal for a business seeking a prominent presence in a growing community. The asking price is $599,000. This is a rare opportunity to acquire a well-prepared commercial lot in a desirable location. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Lot 3.17 ac (138,085 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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