Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1301 Russell St Sioux Falls, SD 57104

    Sponsored
    For Sale
    Contact for pricing

    1.28-acre lot, high traffic, build-to-suit potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 1.28-acre commercial lot, located at 1301 W Russell St in Sioux Falls, South Dakota, presents a unique investment opportunity. Situated in Minnehaha County, zip code 57104, this property boasts a highly desirable location adjacent to the Ramada, ensuring excellent visibility and accessibility. The permitted zoning is Commercial, making it ideal for a variety of uses. Envision a thriving strip mall or a fast-food establishment capitalizing on the high traffic volume in this area. The lot's size allows for significant development potential, and a build-to-suit option may be considered. While the existing building on the site, constructed in 1962, measures 123,701 square feet, the sale focuses on the land itself, offering a blank canvas for your vision. This prime location and flexible zoning make this a rare find in the competitive Sioux Falls market. Don't miss this chance to acquire a strategically positioned commercial property with immense growth potential. The property's coordinates are 43.5624474 latitude and -96.7457271 longitude.

    Property Features for 1301 Russell St

    General Information

    Property type
    Land
    Lot Size
    55,757 SF

    HighLights

    • 1.28‑acre commercial lot in high‑traffic area.
    • Excellent visibility adjacent to the Ramada in Sioux Falls, SD.
    • Suitable for strip mall or fast‑food development.
    • Build‑to‑suit option available.
    • Commercially zoned.
    • Existing 123,701 SF building on site; land sale only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boston's Pizza Sioux ... Restaurant Ramada by Wyndham ... Hotel Boss' Pizzeria and Sports ... Caterer ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    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
    -96.7457271
    Latitude
    43.5624474

    Nearby Similar for Sale

    • New
      $369,900
      2,178 SF

      Sioux Falls Duplex For Sale

      South Sioux Falls duplex with detached garage. Income potential.
      3801 S Hawthorne Ave, Sioux Falls, SD 57105
      View Details
    • $1,000,000
      Pending

      Functional Industrial Property in Sioux Falls

      Well-maintained industrial property with flexible space and convenient access.
      701 E 48Th St N, Sioux Falls, SD 57106
      View Details
    • $340,000
      2,082 SF

      Well-Maintained Duplex in Sioux Falls

      Updated duplex with separate utilities and convenient location.
      616 N Garfield Ave, Sioux Falls, SD 57104
      View Details
    • $340,000
      2,082 SF

      Well-Maintained Duplex in Sioux Falls

      Updated duplex with separate utilities and strong rental history.
      616 N Garfield Ave, Sioux Falls, SD 57104
      View Details
    • $365,000
      Pending

      Sioux Falls Duplex For Sale

      Duplex in Sioux Falls with immediate income potential.
      2204 S Holt Ave, Sioux Falls, SD 57103
      View Details
    • $199,000
      Pending

      Sioux Falls Duplex: Investment Opportunity

      Versatile duplex near Sanford and USF, great for investors.
      710 S Walts Ave, Sioux Falls, SD 57104
      View Details
    • $1,500,000
      18,296 SF

      Sioux Falls Showroom For Sale

      Highly visible showroom with ample parking and convenient access.
      2715 E 10Th St, Sioux Falls, SD 57103
      View Details
    • $499,900
      2,256 SF

      Turnkey Sioux Falls Multifamily Investment

      Fully furnished, four-unit property near downtown Sioux Falls.
      1035 N Spring Ave, Sioux Falls, SD 57104
      View Details
    • $685,000
      5,200 SF

      Sioux Falls Four-Plex Townhomes

      Immaculately maintained four-plex in a desirable Sioux Falls location.
      2800 E Madison St, Sioux Falls, SD 57103
      View Details
    • New
      Contact for pricing
      4,750 SF

      Sioux Falls Commercial Property

      4,750 sq ft commercial space in Sioux Falls, SD.
      600 S Charlotte Ave, Sioux Falls, SD 57103
      View Details
    • $245,000
      1,142 SF

      Sioux Falls Multifamily Duplex

      Multifamily duplex with two units, ideal for investment or owner-occupancy.
      116 N Van Eps Ave, Sioux Falls, SD 57103
      View Details
    • $189,900
      Pending

      Sioux Falls Duplex with Garage

      Two-unit duplex with a triple garage, ideal for investors.
      900 N Kiwanis Ave, Sioux Falls, SD 57104
      View Details

    FAQs

    What type of property is this?
    Land - 1.28-acre lot, high traffic, build-to-suit potential
    Where is this land located?
    The property is located at 1301 Russell St Sioux Falls, SD.
    What are key features of this property?
    This property features: 1.28-acre commercial lot in high-traffic area.; Excellent visibility adjacent to the Ramada in Sioux Falls, SD.; Suitable for strip mall or fast-food development.
    (605) 444-7117
    Request Owner's contact information
    1301 Russell St Sioux Falls, SD 57104
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1301 Russell St
    Sioux Falls, SD 57104
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1301 Russell St Sioux Falls, SD 57104
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.