Commercial Land
For Sale
$61,250
118 E 1st Ave, Mitchell, SD 57301
Bare commercial lot near downtown, shopping, and a movie theater in Mitchell.
Property SizeContact for details
Days on Market681
Property Features for 118 E 1st Ave
General Information
Standard status
Active
Property subtype
Lots/Land
Taxes and HOA fees
Annual Taxes
$120
Listing Agency:
Ace Realty, LLC
(605) 352-8618
Listed By:
DEANNA HETLAND · License #11934
(605) 770-8456
Source:
Exitrealty
Added: Oct 25, 2024
Changed: Sep 2
Last Checked: Sep 4 at 10:55AM
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 Ace Realty, LLC
Investment Insights
Based on property information with market context.
This bare commercial land parcel at 118 E 1st Ave provides an undeveloped site for a future commercial project. The property is positioned near downtown, shopping, and a movie theater in Mitchell, South Dakota.
The site may suit a range of commercial concepts, subject to applicable approvals and development requirements. An Urban Renewal Discretionary Formula related to a 5 year tax break is also referenced for further inquiry.
The site may suit a range of commercial concepts, subject to applicable approvals and development requirements. An Urban Renewal Discretionary Formula related to a 5 year tax break is also referenced for further inquiry.
Key Highlights
- Bare commercial land at 118 E 1st Ave, Mitchell, SD 57301
- Near downtown, shopping, and a movie theater
- Urban Renewal Discretionary Formula referenced for a 5 year tax break
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 57301, SD
18,759
Population
9,148
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
91%
High-School Grad
238.3 sq mi
ZIP Area
79
Density / Sq Mi
$60,671
Median Household Income
$39,545
Median Earnings
$775
Median Rent
$191,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Bare commercial lot near downtown, shopping, and a movie theater in Mitchell.
Where is this commercial land located?
The property is located at 118 E 1st Ave Mitchell, SD.
What is the asking price?
The asking price for this property is $61,250.
What are key features of this property?
This property features: Bare commercial land at 118 E 1st Ave, Mitchell, SD 57301; Near downtown, shopping, and a movie theater; Urban Renewal Discretionary Formula referenced for a 5 year tax break
