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    2750 S Lorraine Pl Sioux Falls, SD

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    For Sale
    $1,839,974

    Commercial land with high visibility near I-29 and Lake Lorraine.

    Lot size:
    2.64 Acres

    Property Features for 2750 S Lorraine Pl

    General Information

    Lot size
    2.64 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land I-29 Visibility

    This commercial land offers excellent visibility from I-29, which attracts approximately 59,780 vehicles per day. The site is located less than 1 mile from Exit 77 (41st St Exit) and less than 2 miles from Exit 78 (Louise Ave Exit). The property is near Lake Lorraine, which is anchored by HomeGoods & Marshalls, DSW, Kirkland’s, Dave and Busters, Anytime Fitness, Starbucks, Dairy Queen, and Hyatt Place. Future plans include a park near Dave and Busters, featuring a playground, open lawn, fishing pier, hanging swings, a dragline bucket bench, a large shelter with garage doors, and restrooms. Lake Lorraine has attracted 3.2 million visits in the last 12 months. The property is zoned for commercial use.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7744956
    Latitude
    43.5147831

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    FAQs

    What type of property is this?
    Commercial land - Commercial land with high visibility near I-29 and Lake Lorraine.
    Where is this commercial land located?
    The property is located at 2750 S Lorraine Pl Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $1,839,974.
    What are key features of this property?
    This property features: - Excellent visibility from I-29 with ~59,780 vehicles per day.; - Zoned: Commercial; - Located in Lake Lorraine, anchored by major retailers like HomeGoods, Marshalls, and Dave & Busters.
    (605) 323-2820
    Request Owner's contact information
    2750 S Lorraine Pl Sioux Falls, SD
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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
    2750 S Lorraine Pl Sioux Falls, SD
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