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    4519 Frank Boyce Dr Sioux Falls, SD 57107

    Sponsored
    For Sale
    $891,981

    1.95-acre C-2 zoned lot, prime Sioux Falls location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.95-acre commercial lot presents a remarkable investment opportunity in the thriving Boyce Park area of northeast Sioux Falls, South Dakota. Situated at 4519 W Frank Boyce Dr, zip code 57107, this property boasts a highly desirable C-2 commercial zoning designation, offering a wide range of development possibilities. The lot is conveniently located on the corner of Madison Street and Terry Avenue, providing excellent visibility and accessibility. The entire site has undergone rough grading, simplifying the development process. Furthermore, the surrounding street infrastructure is currently under construction, ensuring seamless integration into the established community. This strategic location offers easy access to Interstate 29 via the Madison Street interchange, providing convenient access to major transportation routes. Interested parties should inquire about the covenants and restrictions governing the property. This is a rare chance to acquire a well-positioned commercial lot in a rapidly growing area of Sioux Falls. The property is ready for immediate development, making it an ideal choice for forward-thinking entrepreneurs and investors seeking a prime location in a dynamic market. The latitude and longitude coordinates are 43.5588537, -96.7879661 respectively. This property is located in Minnehaha County.

    Property Features for 4519 Frank Boyce Dr

    General Information

    Property type
    Land
    Lot Size
    84,942 SF

    HighLights

    • $891,981 asking price.
    • 1.95‑acre commercial land parcel.
    • C‑2 Commercial zoning.
    • Located in Sioux Falls, South Dakota, at 4519 W Frank Boyce Dr, 57107.
    • Situated in Boyce Park, near the I‑29 interchange at Madison Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7879661
    Latitude
    43.5588537

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    FAQs

    What type of property is this?
    Land - 1.95-acre C-2 zoned lot, prime Sioux Falls location.
    Where is this land located?
    The property is located at 4519 Frank Boyce Dr Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $891,981.
    What are key features of this property?
    This property features: $891,981 asking price.; 1.95-acre commercial land parcel.; C-2 Commercial zoning.
    (605) 579-0189
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    4519 Frank Boyce Dr Sioux Falls, SD 57107
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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
    4519 Frank Boyce Dr Sioux Falls, SD 57107
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