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    469th Ave & Cody Trl Tea, SD 57064

    For Sale
    $1,495,632

    6.54 Acres, High Visibility, I-29 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.54-acre commercial land parcel presents a remarkable investment opportunity in the thriving community of Tea, South Dakota. Strategically located at the intersection of 469th Avenue & Cody Trail, this property boasts significant frontage along the heavily trafficked Tea/Ellis Road, experiencing a daily traffic count exceeding 3,700 vehicles. Its prime location offers unparalleled visibility and accessibility, ensuring maximum exposure for any commercial development. The property is zoned Commercial within Lincoln County, providing flexibility for a wide range of commercial uses. Convenient access to Interstate 29 further enhances its strategic appeal, providing seamless connectivity to Sioux Falls and beyond. While a portion of the land lies within a designated floodplain, detailed information regarding this aspect is readily available upon request. This high-traffic, highly visible location makes this property ideal for businesses seeking maximum exposure and convenient access to major transportation arteries. The asking price for this exceptional commercial land is $1,495,632. The property's size and location make it an attractive investment for developers and businesses seeking a prominent presence in a rapidly growing area. The zip code is 57064.

    Property Features for 469th Ave & Cody Trl

    General Information

    Property type
    Land
    Lot Size
    284,882 SF

    HighLights

    • $1,495,632 asking price.
    • 6.54‑acre commercial land parcel.
    • Located in Tea, South Dakota, Lincoln County.
    • Commercially zoned.
    • High visibility location with over 3,700 vehicles daily.
    • Easy I‑29 access; proximity to Tea and Sioux Falls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.825556
    Latitude
    43.467245

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    FAQs

    What type of property is this?
    Land - 6.54 Acres, High Visibility, I-29 Access
    Where is this land located?
    The property is located at 469th Ave & Cody Trl Tea, SD.
    What is the asking price?
    The asking price for this property is $1,495,632.
    What are key features of this property?
    This property features: $1,495,632 asking price.; 6.54-acre commercial land parcel.; Located in Tea, South Dakota, Lincoln County.
    (605) 579-0189
    Request Owner's contact information
    469th Ave & Cody Trl Tea, SD 57064
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    Tea, SD 57064
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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
    469th Ave & Cody Trl Tea, SD 57064
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