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    5840 Career Ave Sioux Falls, SD 57107

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    For Sale
    Contact for pricing

    Prime Sioux Falls industrial land, 120.5 acres.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 120.5-acre industrial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Strategically located at the southwest intersection of I-90 and I-29, this property boasts 1.1 miles of prime interstate frontage, providing unparalleled accessibility and visibility. Situated adjacent to established industrial development parks on the west side of the Sioux Falls metro area, this site benefits from existing infrastructure and a thriving business environment. The property is zoned I-1 light industrial, allowing for a variety of uses including warehousing, processing plants, or manufacturing facilities. Utilities are already stubbed in, significantly reducing development time and costs. Multiple lot sizes are available, catering to both build-to-suit leasing arrangements and independent development projects. The location offers convenient access to a skilled workforce and is within close proximity to workforce housing and university sites. This property represents a rare chance to acquire a large, well-located industrial site with significant development potential in a rapidly growing market. The address is 5840 N Career Ave, Sioux Falls, SD 57107, within Minnehaha County.

    Property Features for 5840 Career Ave

    General Information

    Property type
    Land
    Lot Size
    5,248,980 SF

    HighLights

    • 120.5‑acre industrial land parcel in Sioux Falls, SD, at I‑90 and I‑29 intersection.
    • 1.1 miles of interstate frontage provides exceptional visibility and accessibility.
    • I‑1 zoning allows for warehousing, processing, and manufacturing.
    • Utilities are stubbed in, minimizing development costs and time.
    • Multiple lot sizes available for build‑to‑suit or independent development.
    • Convenient access to workforce, housing, and universities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Auto Parts Store Skin Care Clinic

    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
    -96.7774113
    Latitude
    43.6096194

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    FAQs

    What type of property is this?
    Land - Prime Sioux Falls industrial land, 120.5 acres.
    Where is this land located?
    The property is located at 5840 Career Ave Sioux Falls, SD.
    What are key features of this property?
    This property features: 120.5-acre industrial land parcel in Sioux Falls, SD, at I-90 and I-29 intersection.; 1.1 miles of interstate frontage provides exceptional visibility and accessibility.; I-1 zoning allows for warehousing, processing, and manufacturing.
    Request Owner's contact information
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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
    5840 Career Ave Sioux Falls, SD 57107
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