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    1720 Louise Ave Sioux Falls, SD 57107

    Sponsored
    For Sale
    $1,710,340

    High-visibility lot, ideal for build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 85,517 square foot commercial land parcel, located at 1720 N Louise Ave in Sioux Falls, South Dakota, presents a unique investment opportunity. Zoned C-2 District / RE-3 Form, this property offers significant potential for a variety of commercial developments. The asking price is $1,710,340. Its strategic location provides unparalleled visibility and accessibility, situated amongst established businesses and key community landmarks. Neighbors include the Elmwood Golf Course, Denny Sanford Premier Center, Sioux Falls Arena, Howard Wood Field, Holiday Inn & Suites, Sheraton Hotel, and Ramada Resort Hotel, ensuring high traffic and strong brand recognition for any new development. The property boasts two convenient entrances, making it particularly well-suited for a convenience store, strip mall, or car outlot. This is a rare chance to establish a business in a vibrant and well-connected area of Sioux Falls, within Minnehaha County, zip code 57107. The property is available for sale or build-to-suit arrangements. Serious inquiries are encouraged.

    Property Features for 1720 Louise Ave

    General Information

    Property type
    Land

    HighLights

    • 85,517 SF commercial land parcel in Sioux Falls, SD, priced at $1,710,340.
    • C‑2/RE‑3 zoning allows for diverse commercial development.
    • Prime location near Elmwood Golf Course, Denny Sanford Premier Center, and other major landmarks ensures high visibility and traffic.
    • Two convenient entrances ideal for retail uses like convenience stores or car outlots.
    • Available for sale or build‑to‑suit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -96.768313
    Latitude
    43.566266

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    FAQs

    What type of property is this?
    Land - High-visibility lot, ideal for build-to-suit.
    Where is this land located?
    The property is located at 1720 Louise Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $1,710,340.
    What are key features of this property?
    This property features: 85,517 SF commercial land parcel in Sioux Falls, SD, priced at $1,710,340.; C-2/RE-3 zoning allows for diverse commercial development.; Prime location near Elmwood Golf Course, Denny Sanford Premier Center, and other major landmarks ensures high visibility and traffic.
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    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
    1720 Louise Ave Sioux Falls, SD 57107
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