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Industrial Land in I-1 Zoning
For Sale
$499,500

N Part Lot 5 David Pl, Tea, SD 57064

LAND - Tea, SD

Property SizeContact for details
Lot Size1.35 Acres
Days on Market182

Property Features for N Part Lot 5 David Pl

General Information

Property type Land
Property subtype Other
Zoning I-1, Light Industrial
Subdivision Trevan Addition to the City of Tea
Lot features City Lot, Level, Will Divide
Elementary school Tea ES
Middle school Tea MS
High school Tea HS
Elementary school district Tea Area
Middle school district TeaArea
High school district TeaArea
Directions From corner of 271st St & Katie Rd, north to Austin St, west to Ginger Ave, north to David Pl.
Standard status Active
Lot size 1.35 Acres

Taxes and HOA fees

Tax Annual Amount 1
HOA Fee $150 Monthly

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Water source Public
Listing Agency: Better Homes and Gardens Real Estate Beyond
Listed By: Brian Smit · License #17373
Added: Feb 19 Changed: Aug 19 Last Checked: Aug 20 at 1:06AM
MLS# 22602667

Copyright © 2026 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This offering is for the north 1.3486 acres of a 2.34-acre lot at the east end of David Place in Tea, SD. The property can be divided, giving buyers the option to purchase the north portion, the south portion, or the full lot depending on their needs. The north portion is the larger of the two.

The land is zoned I-1, Light Industrial. Utilities available include natural gas, public water, and public sewer.

Prospective buyers can use the divisible lot configuration to match their site requirements while remaining within an I-1, light industrial zoning designation.

Key Highlights

  • North 1.3486 acres of a 2.34‑acre lot at the east end of David Place
  • Option to divide into north and south portions or buy the full 2.34 acres
  • I‑1, Light Industrial zoning designation

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby

Demographics for 57064, SD

6,908
Population
2,652
Households
2.6
Avg Household Size
31
Median Age
39%
College-Educated
98%
High-School Grad
25.6 sq mi
ZIP Area
270
Density / Sq Mi
$104,351
Median Household Income
$54,400
Median Earnings
$1,132
Median Rent
$330,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land zoned I-1 with public water and public sewer, plus natural gas available.
Where is this industrial land located?
The property is located at N Part Lot 5 David Pl Tea, SD.
What is the asking price?
The asking price for this property is $499,500.
What are key features of this property?
This property features: North 1.3486 acres of a 2.34‑acre lot at the east end of David Place; Option to divide into north and south portions or buy the full 2.34 acres; I‑1, Light Industrial zoning designation
More about this property
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