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    470Th Ave Tea, SD 57064

    Sponsored
    For Sale
    $500,000

    2-Acre Corner Lot, Highway 110

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Tea, South Dakota. Strategically located on Highway 110, directly off Exit 71 of Interstate 29, this corner lot boasts high visibility and easy access. Currently zoned for agricultural use, the property offers significant potential for a variety of commercial ventures. The location is surrounded by a mix of residential, commercial, and light industrial properties, suggesting a thriving and diverse community. The property's APN is 100.50.31.J001. Buyers should be aware that rezoning will be the responsibility of the purchaser to accommodate their intended use. The asking price for this remarkable property is $500,000. This presents a blank canvas for developers and entrepreneurs seeking a prime location with substantial growth potential in a rapidly developing area. The address is 470th Ave, Tea, SD 57064, within Lincoln County. The latitude and longitude coordinates are 43.43192736279743, -96.80572807036971 respectively. This is bare land ready for your vision.

    Property Features for 0 470Th Ave

    General Information

    Property type
    Land
    Lot Size
    87,120 SF

    HighLights

    • 2‑acre commercial land parcel in Tea, SD.
    • High‑visibility corner lot on Highway 110, directly off I‑29 Exit 71.
    • Currently zoned agricultural; rezoning required by buyer.
    • Asking price: $500,000.
    • APN: 100.50.31.J001; Address: 470th Ave, Tea, SD 57064.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.80572807037
    Latitude
    43.431927362797

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    FAQs

    What type of property is this?
    Land - 2-Acre Corner Lot, Highway 110
    Where is this land located?
    The property is located at 470Th Ave Tea, SD.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 2-acre commercial land parcel in Tea, SD.; High-visibility corner lot on Highway 110, directly off I-29 Exit 71.; Currently zoned agricultural; rezoning required by buyer.
    (605) 274-1034
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    470Th Ave Tea, SD 57064
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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
    470Th Ave Tea, SD 57064
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