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    3601 Innovation St Sioux Falls, SD 57107

    Sponsored
    For Sale
    $600,726

    Prime Light Industrial Land, I-29 Access

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents 2.51 acres of light industrially zoned land in Sioux Falls, South Dakota. Located at 3601 W Innovation St, this property consists of two parcels totaling 2.51 acres, offering excellent visibility and convenient access to Interstate 29. Parcel ID 31028 encompasses 1.56 acres at 3701 W. Innovation St, while Parcel ID 31034 comprises 0.95 acres at 3601 W Innovation St. The property's zoning designation permits a wide range of light industrial uses, making it suitable for various businesses seeking a strategic location within a thriving commercial area. The combined acreage provides ample space for development, expansion, or investment, catering to diverse needs. Situated in Minnehaha County, with a zip code of 57107, this property benefits from its proximity to major transportation routes, enhancing logistical efficiency and accessibility. The asking price for this combined land parcel is $600,726.50. This presents a compelling opportunity for businesses seeking to establish or expand their operations in a prime Sioux Falls location. The property's strategic location and zoning make it an attractive investment prospect with significant potential for future growth and return.

    Property Features for 3601 Innovation St

    General Information

    Property type
    Land
    Lot Size
    109,336 SF

    HighLights

    • 2.51‑acre light industrial land in Sioux Falls, SD.
    • Located at 3601 & 3701 W Innovation St, with excellent I‑29 access.
    • Two parcels (Parcel ID 31028: 1.56 acres; Parcel ID 31034: 0.95 acres).
    • Light industrial zoning allows for diverse business uses.
    • $600,726.50 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Hair Salon Wholesale Shop Auto Repair Shop Nail Salon 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
    -96.774073
    Latitude
    43.5761309

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    FAQs

    What type of property is this?
    Land - Prime Light Industrial Land, I-29 Access
    Where is this land located?
    The property is located at 3601 Innovation St Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $600,726.
    What are key features of this property?
    This property features: 2.51-acre light industrial land in Sioux Falls, SD.; Located at 3601 & 3701 W Innovation St, with excellent I-29 access.; Two parcels (Parcel ID 31028: 1.56 acres; Parcel ID 31034: 0.95 acres).
    Request Owner's contact information
    3601 Innovation St 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
    3601 Innovation St Sioux Falls, SD 57107
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