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    11 Sd Hwy Garretson, SD 57030

    For Sale
    $391,604

    4.495-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.495-acre industrial lot presents a compelling investment opportunity in Garretson, South Dakota. Strategically located along SD Highway 11 and accessible from both Nordstrom Avenue and 5th Street, this property boasts excellent visibility and convenient access. The lot is zoned for industrial use, providing flexibility for a variety of development projects. Utilities are available, although connection to the property will be the responsibility of the buyer. The property's size allows for potential subdivision, offering further development options. This prime location in northern Garretson offers significant advantages, including potential tax abatement savings. The parcel's APN is 063638. Detailed information regarding potential tax abatements is available upon request. This is a rare opportunity to acquire a sizable, well-situated industrial lot in a growing community. The asking price for this exceptional property is $391,604. Don't miss this chance to secure your future in Garretson.

    Property Features for 11 Sd Hwy

    General Information

    Property type
    Land
    Lot Size
    195,802 SF

    HighLights

    • $391,604 asking price for this industrial land parcel.
    • 4.495‑acre lot zoned for industrial use.
    • Located in Garretson, SD, at the intersection of SD Hwy 11 and 5th Street (APN 063638).
    • Utilities available; buyer responsible for connection.
    • Potential for tax abatement; inquire for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Garretson
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.511089
    Latitude
    43.718489

    Nearby Comparable

    • $257,004

      Garretson Industrial Zoned Lot

      Industrial zoned lot in Garretson with available utilities.
      709 Nordstrom Ave, Garretson, SD
      View Details
    • $75,000

      Agricultural Land on Corner Lot

      Over one acre of agricultural land with building eligibility.
      482Nd Ave, Brandon, SD 57005
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    • Contact for pricing

      Industrial Land Available in Brandon

      Two industrial lots available with development incentives and rail service.
      Rovang Industrial Park, Brandon, SD 57005
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    • $75,000

      Agricultural Land For Sale

      Just over 1 acre of flat agricultural land.
      Rowena Land, Brandon, SD 57005
      View Details
    • Contact for pricing
      1.93 Acres

      Rovang Industrial Park Land for Sale

      Prime Brandon, SD Industrial Lots
      0 Honeysuckle St, Brandon, SD 57005
      View Details

    FAQs

    What type of property is this?
    Land - 4.495-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 11 Sd Hwy Garretson, SD.
    What is the asking price?
    The asking price for this property is $391,604.
    What are key features of this property?
    This property features: $391,604 asking price for this industrial land parcel.; 4.495-acre lot zoned for industrial use.; Located in Garretson, SD, at the intersection of SD Hwy 11 and 5th Street (APN 063638).
    Request Owner's contact information
    11 Sd Hwy Garretson, SD 57030
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    Garretson, SD 57030
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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
    11 Sd Hwy Garretson, SD 57030
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