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    6000 Seubert Ave Sioux Falls, SD 57104

    Sponsored
    For Sale
    Contact for pricing

    8.83 Acres, Multifamily Development Potential

    Property size:
    384,665 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 384,665 square foot land parcel presents a remarkable opportunity for multifamily development in Sioux Falls, South Dakota. Located at 6000 N Seubert Ave, 57104, this property boasts a prime location in the desirable Brandon-Valley School District, offering easy access to I-90 and I-229, ensuring convenient commutes and excellent connectivity. Zoned RA-2 MultiFamily, the land allows for moderate-density development, with potential for up to 48 three-story apartment units or two-family townhomes. The land is priced at $3.85 per square foot. The site's strategic location near Granite Valley Park provides a desirable residential setting, complemented by the proximity of numerous amenities including Walmart, various restaurants (Burger King, Arby's, McDonald's), convenience stores (Circle K, Get N Go), a KOA campground, Love's Travel Stop, and the Sioux Falls Regional Airport. This presents a unique chance to capitalize on the growing demand for housing in this thriving area, offering investors a strong foundation for a successful multifamily project. The property's size and zoning regulations provide flexibility for a variety of development plans, catering to diverse housing needs. This is a truly exceptional opportunity to build in a vibrant and rapidly developing community.

    Property Features for 6000 Seubert Ave

    General Information

    Property type
    Land
    Square Feet
    384,665 SF

    HighLights

    • 384,665 SF land parcel in Sioux Falls, SD, ideal for multifamily development.
    • Located at 6000 N Seubert Ave, 57104, in the Brandon‑Valley School District.
    • Excellent access to I‑90 and I‑229.
    • RA‑2 MultiFamily zoning allows for moderate‑density development (up to 48 three‑story units or townhomes).
    • Priced at $3.85/SF.
    • Near Granite Valley Park, Walmart, restaurants, convenience stores, and Sioux Falls Regional Airport.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Clothing Store Pharmacy Auto Repair Shop Auto Parts Store Hotel & Motel Kitchen & Bath

    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
    -96.7046327
    Latitude
    43.6129111

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    FAQs

    What type of property is this?
    Land - 8.83 Acres, Multifamily Development Potential
    Where is this land located?
    The property is located at 6000 Seubert Ave Sioux Falls, SD.
    What are key features of this property?
    This property features: 384,665 SF land parcel in Sioux Falls, SD, ideal for multifamily development.; Located at 6000 N Seubert Ave, 57104, in the Brandon-Valley School District.; Excellent access to I-90 and I-229.
    (605) 361-8211
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    6000 Seubert Ave Sioux Falls, SD 57104
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    Sioux Falls, SD 57104
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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
    6000 Seubert Ave Sioux Falls, SD 57104
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