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    1901 Marion Rd Sioux Falls, SD 57107

    Sponsored
    For Sale
    Contact for pricing

    Prime Sioux Falls commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial land parcel, spanning 1 to 2.13 acres, is strategically located in Sioux Falls, South Dakota, at 1901 N Marion Rd, 57107. Boasting a land value of $10 per square foot, this property presents a unique investment opportunity within a rapidly expanding area. The site enjoys excellent access to I-29, placing it within easy reach of major transportation routes. Its proximity to Jefferson Heights, a burgeoning residential development anticipating home values between $400,000 and $850,000, ensures strong future demand. Furthermore, the location is conveniently close to Jefferson High School and George McGovern Middle School, serving a combined student population of 2,460 (2023-2024 school year). The surrounding area also benefits from the presence of Southeast Technical College, the University of South Dakota - Sioux Falls, and the University of South Dakota Discovery Research Campus, contributing to a vibrant and growing community. N Marion Rd experiences an estimated 10,700 vehicles per day, providing significant visibility and accessibility. This property is for sale by owner and represents a compelling chance to capitalize on the substantial growth potential of Northwest Sioux Falls, an area poised to become one of the city's most developed regions.

    Property Features for 1901 Marion Rd

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • Excellent access to I‑29.
    • Adjacent to Jefferson Heights, a new residential development with anticipated home values of $400,000 - $850,000.
    • Close proximity to Jefferson High School and George McGovern Middle School (2,460 students).
    • Located in Northwest Sioux Falls, near Southeast Technical College, University of South Dakota - Sioux Falls, and the University of South Dakota Discovery Research Campus.
    • High visibility on N Marion Rd with an estimated 10,700 vehicles per day (VPD).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -96.792308
    Latitude
    43.5685825

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    FAQs

    What type of property is this?
    Land - Prime Sioux Falls commercial land, ideal for development.
    Where is this land located?
    The property is located at 1901 Marion Rd Sioux Falls, SD.
    What are key features of this property?
    This property features: Excellent access to I-29.; Adjacent to Jefferson Heights, a new residential development with anticipated home values of $400,000 - $850,000.; Close proximity to Jefferson High School and George McGovern Middle School (2,460 students).
    (605) 275-4251
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    1901 Marion Rd Sioux Falls, SD 57107
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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
    1901 Marion Rd Sioux Falls, SD 57107
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