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    Willow Creek Dr Watertown, SD 57201

    For Sale
    $3,976,489

    11.98 Acres, C-3 Zoned, Watertown, SD

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 11.98-acre commercial land parcel presents a remarkable investment opportunity in Watertown, South Dakota. Located on Willow Creek Drive and zoned C-3, this property offers unparalleled flexibility for a diverse range of commercial ventures. The expansive lot size allows for significant development potential, including the possibility of subdivision to create multiple buildable sites. The $7.62 per square foot land value represents a compelling price point for this prime location within Codington County. The C-3 zoning permits a wide array of uses, catering to both commercial and potentially mixed-use projects, making it an ideal canvas for ambitious development plans. This strategic location in Watertown, SD, zip code 57201, provides excellent access to key transportation routes and established infrastructure. The property's size and zoning flexibility make it suitable for a variety of projects, from large-scale commercial developments to smaller, more specialized businesses. This is a rare opportunity to acquire a significant land holding with exceptional potential for future growth and return on investment. The asking price for this exceptional property is $3,976,489.38. Don't miss this chance to secure a piece of prime South Dakota commercial real estate.

    Property Features for 0 Willow Creek Dr

    General Information

    Property type
    Land
    Lot Size
    521,849 SF

    HighLights

    • 11.98‑acre commercial land parcel in Watertown, SD.
    • C‑3 zoning allows for diverse commercial and mixed‑use development.
    • $3,976,489.38 asking price; $7.62/SF land value.
    • Located on Willow Creek Drive, Codington County, zip code 57201, with excellent access to transportation.
    • Significant development potential, including subdivision possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watertown
    County
    Codington
    State
    South Dakota
    Longitude
    -97.079073969331
    Latitude
    44.894591342756

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    FAQs

    What type of property is this?
    Land - 11.98 Acres, C-3 Zoned, Watertown, SD
    Where is this land located?
    The property is located at Willow Creek Dr Watertown, SD.
    What is the asking price?
    The asking price for this property is $3,976,489.
    What are key features of this property?
    This property features: 11.98-acre commercial land parcel in Watertown, SD.; C-3 zoning allows for diverse commercial and mixed-use development.; $3,976,489.38 asking price; $7.62/SF land value.
    Request Owner's contact information
    Willow Creek Dr Watertown, SD 57201
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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
    Willow Creek Dr Watertown, SD 57201
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