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    229 Lovely Ave Baltic, SD 57003

    Sponsored
    For Sale
    $425,000

    High-traffic lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This 3.08-acre parcel at 229 Lovely Ave in Baltic, SD presents a remarkable opportunity for commercial development. Its prime location on a main thoroughfare ensures high visibility and accessibility, making it perfect for a variety of uses, including a strip mall or multi-family housing. The property benefits from its proximity to a local gas station and the Baltic school, providing convenient access to essential services and a strong potential customer base. Baltic is experiencing significant growth, making this an exceptional investment in a thriving community. The expansive lot offers ample space for a substantial development project, catering to the increasing demand for commercial and residential spaces within the area. This location offers significant potential for return on investment due to the high traffic count and the town's ongoing expansion. The property is priced competitively at $425,000, reflecting its significant potential for future growth and development. Serious inquiries are encouraged to explore this exceptional commercial land opportunity. The seller is motivated and ready to negotiate.

    Property Features for 229 Lovely Ave

    General Information

    Property type
    Investment properties
    Lot Size
    134,165 SF

    Building Details

    Year Built
    2021
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Auto Parts Store Gym & Fitness Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Baltic
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.73901
    Latitude
    43.76113

    Nearby Comparable

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      Commercial Land For Sale

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    FAQs

    What type of property is this?
    Investment property - High-traffic lot, ideal for development.
    Where is this investment property located?
    The property is located at 229 Lovely Ave Baltic, SD.
    What is the asking price?
    The asking price for this property is $425,000.
    (605) 988-6209
    Request Owner's contact information
    229 Lovely Ave Baltic, SD 57003
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    229 Lovely Ave
    Baltic, SD 57003
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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
    229 Lovely Ave Baltic, SD 57003
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