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Retail Development Land Opportunity
For Sale
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Pending

L5B2 25th Avenue, Brookings, SD 57006

Build-to-suit or purchase lots within the Wilbert Square Development with access from I-29 and strong retail adjacency.

Days on Market111

Property Features for L5B2 25th Avenue

General Information

Standard status Pending
Property subtype Retail, Hospitality, Land

Additional Details

Highway Access Yes
Listing Agency: Krogman & Company Real Estate
Listed By: Susanne Bielfeldt · License #SD
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 30 at 4:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Krogman & Company Real Estate

Investment Insights

Based on property information with market context.

The new Wilbert Square Development offers build-to-suit options or individual lots for sale. The site is positioned for high visibility and convenient access from I-29, supporting a range of commercial development approaches within the planned retail environment.

The development is located across from a 100-room Comfort Suites Hotel with a large event/convention center and restaurant. Wilbert Square already includes tenants such as Taco Bell, Little Caesars, Teed Off, and Woody's Axe Place.

With additional surrounding draw from SDSU Research Park, Walmart, Lowe's, and Runnings, the area is set up for continued growth and customer traffic. Lots are offered within the development, with pricing that varies based on size and location inside the project.

Key Highlights

  • Build‑to‑suit or purchase lots in the Wilbert Square Development
  • Access from I‑29
  • Located across from a 100‑room Comfort Suites Hotel with an event/convention center and restaurant

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Storage Facility Kitchen & Bath Showroom Garden Center Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

558
Businesses Nearby
280k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Superstores 28% Shops & Services 20% Apparel 9%
Walmart Superstores
77,036 visits/mo 0.2 miles
BP Shops & Services
32,435 visits/mo 0.1 miles
Runnings Apparel
24,400 visits/mo 0.1 miles
Culver's Dining
22,786 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
18,726 visits/mo 0.2 miles

Demographics for 57006, SD

24,271
Population
10,773
Households
2.3
Avg Household Size
30
Median Age
49%
College-Educated
97%
High-School Grad
151.8 sq mi
ZIP Area
160
Density / Sq Mi
$64,818
Median Household Income
$33,133
Median Earnings
$864
Median Rent
$253,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Build-to-suit or purchase lots within the Wilbert Square Development with access from I-29 and strong retail adjacency.
Where is this commercial land located?
The property is located at L5B2 25th Avenue Brookings, SD.
What are key features of this property?
This property features: Build‑to‑suit or purchase lots in the Wilbert Square Development; Access from I‑29; Located across from a 100‑room Comfort Suites Hotel with an event/convention center and restaurant
More about this property
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