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    6382 Heather Ln Summerset, SD 57718

    For Sale
    $381,000

    Prime 2.69-acre lot, ready for development. $7,000 credit offered!

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional 2.69-acre commercial lot is situated in the desirable Summerset, SD, a new subdivision conveniently located off Sturgis Road. The property boasts immediate access to essential utilities, including electricity, natural gas, and city water, all extended to the lot line. Regional drainage infrastructure is already in place, eliminating a significant hurdle in the development process and allowing for immediate construction commencement. This significantly reduces upfront costs and streamlines the building timeline. The seller is offering a substantial $7,000 credit at closing to assist with the installation of a commercial septic system, further enhancing the financial attractiveness of this opportunity. This prime location presents a unique chance to establish a business in a growing community with convenient access to major roadways. The absence of existing structures on the lot provides complete design flexibility, allowing for the construction of a building perfectly tailored to your specific commercial needs. Don't miss this exceptional opportunity to acquire a fully serviced lot and begin building your business immediately. Act quickly, as this property is priced to sell.

    Property Features for 6382 Heather Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    117,176 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Summerset
    County
    Meade
    State
    South Dakota
    Longitude
    -103.327
    Latitude
    44.169

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2.69-acre lot, ready for development. $7,000 credit offered!
    Where is this commercial real estate located?
    The property is located at 6382 Heather Ln Summerset, SD.
    What is the asking price?
    The asking price for this property is $381,000.
    (605) 343-8800
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    6382 Heather Ln Summerset, SD 57718
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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
    6382 Heather Ln Summerset, SD 57718
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