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Commercial Lot in Growing Tea
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500 N Heritage Parkway, Tea, SD 57064

High-visibility commercial lot in a high-growth Sioux Falls metro corridor.

Property SizeContact for details
Days on Market197

Property Features for 500 N Heritage Parkway

General Information

Standard status Active
Property subtype Land
Zoning General Commercial
Listing Agency: Faith Realty Brokers, LLC
Listed By: Tricia C. Cook · License #SD 18456
Source: Crexi
Added: Feb 4 Changed: Aug 18 Last Checked: Aug 19 at 1:19PM

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 Faith Realty Brokers, LLC

Investment Insights

Based on property information with market context.

Located at the intersection of Heritage Parkway and Kevin Drive in Tea, South Dakota, this commercial lot offers visibility in a high-traffic Sioux Falls metro corridor. The site benefits from strong daily traffic counts and continued west-side growth. Situated in one of the fastest-growing communities in the Sioux Falls area, the property is surrounded by expanding residential neighborhoods, new commercial development, and nearby amenities. Versatile commercial zoning allows for multiple development options, including retail, restaurant, office, medical, or service-oriented uses. It is ideal for a retail pad site, freestanding building, or long-term commercial investment. Opportunities at major intersections in Tea are becoming increasingly limited as development continues to expand outward from Sioux Falls.

Key Highlights

  • Outstanding visibility at the high‑traffic intersection of Heritage Parkway and Kevin Drive.
  • Located in Tea, SD, minutes from Sioux Falls, South Dakota’s largest city.
  • Situated in one of the fastest‑growing communities in the Sioux Falls area.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Electrical Service Plumbing Service Real Estate Agency (Bike/Boat/Book/etc) Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

308
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - High-visibility commercial lot in a high-growth Sioux Falls metro corridor.
Where is this commercial land located?
The property is located at 500 N Heritage Parkway Tea, SD.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Outstanding visibility at the high‑traffic intersection of Heritage Parkway and Kevin Drive.; Located in Tea, SD, minutes from Sioux Falls, South Dakota’s largest city.; Situated in one of the fastest‑growing communities in the Sioux Falls area.
(605) 453-0006 Call to check price and availability
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