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    Lennox Development Land Lennox, SD 57039

    Sponsored
    For Sale
    $250,000

    Prime Lennox, SD development land. Ready to build!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.36-acre parcel in Lennox, South Dakota, presents a remarkable opportunity for residential development. Located in Lincoln County, with a zip code of 57039, this platted land is zoned for municipality use, offering flexibility for various residential projects. The site has already undergone grading, eliminating significant upfront costs and expediting the development process. This ready-to-build lot is ideal for a variety of residential construction, including single-family homes, duplexes, or multi-family units ranging from four to eightplexes. The approved plat is recorded, streamlining the permitting and construction phases. The property's location in Lennox offers access to local amenities and services, making it an attractive location for potential residents. This is a turnkey opportunity for developers seeking a prime location and a streamlined development process. The asking price for this exceptional property is $250,000. Don't miss this chance to acquire a highly desirable and well-prepared development site in a thriving South Dakota community. Contact us today to learn more and schedule a site visit.

    Property Features for 0 Lennox Development Land

    General Information

    Property type
    Land
    Lot Size
    320,602 SF

    HighLights

    • $250,000 asking price.
    • 7.36‑acre commercial land parcel.
    • Ready for immediate development; site grading complete.
    • Excellent residential development potential.
    • Suitable for single‑family homes, duplexes, or 4‑8 unit multi‑family buildings.
    • Plat approved and recorded; municipally zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lennox
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.8919951
    Latitude
    43.3541476

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    FAQs

    What type of property is this?
    Land - Prime Lennox, SD development land. Ready to build!
    Where is this land located?
    The property is located at Lennox Development Land Lennox, SD.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 asking price.; 7.36-acre commercial land parcel.; Ready for immediate development; site grading complete.
    (605) 357-7100
    Request Owner's contact information
    Lennox Development Land Lennox, SD 57039
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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
    Lennox Development Land Lennox, SD 57039
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