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Development Land I-29 Frontage
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31st Street SE, Watertown, SD 57201

Development land with I-29 frontage in Watertown, South Dakota.

Property SizeContact for details
Days on Market959

Property Features for 31st Street SE

General Information

Standard status Active
Property subtype Land
Listing Agency: Bender Commercial
Listed By: Rob Fagnan · License #12988
Source: Crexi
Added: Feb 1, 2024 Changed: Sep 7 Last Checked: Sep 16 at 4:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bender Commercial

Investment Insights

Based on property information with market context.

This future development land offers over 1500 feet of frontage along I-29 in Watertown, South Dakota. The property is adjacent to the Prairie Lake Ice Arena and provides easy access to Highway 212. The South Dakota Department of Environment and Natural Resources (DENR) has provided a “Release of Reclamation Liability”; contact broker for further details. The City of Watertown is open to discussing future land options.

Key Highlights

  • Over 1500' frontage along I‑29, providing high visibility.
  • Future development land, offering significant potential.
  • Easy access to Highway 212, enhancing accessibility.

Property Analytics

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Current Use

Land

Suggested Use

Top Pick Real Estate Agency Plumbing Service Garden Center Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Development land with I-29 frontage in Watertown, South Dakota.
Where is this land located?
The property is located at 31st Street SE Watertown, SD.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Over 1500' frontage along I‑29, providing **high visibility**.; Future development land, offering **significant potential**.; Easy access to Highway 212, enhancing accessibility.
(605) 521-5444 Call to check price and availability
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