Listing Agency: Nelson Commercial Real Estate r**@hegg.com Show Phone

Listed By: Nicole Daggett · License #South Dakota 20565

Source: Crexi

Added: Apr 11, 2024 Changed: Aug 13 Last Checked: Aug 21 at 1:24PM

Report an Issue

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 Nelson Commercial Real Estate

Investment Insights

Based on property information with market context.

Two parcels of land, zoned for light industrial use, are being sold together. The combined area of the parcels is 2.51 acres. One parcel, identified by Parcel ID 31028 and located at 3701 W. Innovation St., comprises 1.56 acres. The second parcel, identified by Parcel ID 31034 and located at 3601 W Innovation St., comprises 0.95 acres. The property offers visibility and easy access to Interstate 29.

Key Highlights

• 2.51 Acres of Light Industrial Zoned Land
• Two Parcels being sold together
• Interstate 29 Visibility

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Hair Salon

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

246

Businesses Nearby

Explore this area Business Placement

Demographics for 57107, SD

11,915

Population

4,851

Households

2.5

Avg Household Size

32

Median Age

30%

College-Educated

91%

High-School Grad

46.8 sq mi

ZIP Area

255

Density / Sq Mi

$76,719

Median Household Income

$46,126

Median Earnings

$1,079

Median Rent

$250,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

Ask Rey about this property ...

Similar For Sale Nearby

Historic Office Building

335 N Main Ave, Sioux Falls, SD 57104

$2,600,000

14,368 SF

View details

Renovated 11-Unit Apartment Building

700 W 6th St, Sioux Falls, SD 57104

$1,300,000

10,800 SF

View details

9-Unit Apartment Building

703 S Dakota Ave, Sioux Falls, SD 57104

$780,000

5,248 SF

View details

Six-Unit Apartment Building

412 S Thompson Ave, Sioux Falls, SD 57103

$550,000

5,376 SF

View details

New-Construction Duplex with Walkouts

1113 S Foss Ave, Sioux Falls, SD 57110

$1,030,000

5,592 SF

View details

Townhome-Style Quadplex

2800 E Madison St, Sioux Falls, SD 57103

$640,000

5,200 SF

View details

Renovated Golf-Front Office Building

600 E TAN TARA Cir, Sioux Falls, SD 57108

$1,198,400

2,942 SF

View details

New-Construction Duplex with Walkouts

1107 S Foss Ave, Sioux Falls, SD 57110

$980,000

5,220 SF

View details

Quadplex With Four-Stall Garage

2601 E Pioneer Trl, Sioux Falls, SD 57103

$539,000

3,264 SF

View details

Six-Unit Apartment Building

412 S Thompson Ave, Sioux Falls, SD 57103

$550,000

5,376 SF

View details

Drive-Through Storefront Property

1730 East 10th Street, Sioux Falls, SD 57103

$800,000

605 SF

View details

Townhome-Style Apartment Community

4802 S Hosta Ave, Sioux Falls, SD 57110

$7,950,000

59,544 SF

View details

Frequently Asked Questions

What type of property is this?

Industrial land - Two parcels totaling 2.51 acres of light industrial land.

Where is this industrial land located?

The property is located at 3601/3701 W Innovation St Sioux Falls, SD.

What is the asking price?

The asking price for this property is $687,593.

What are key features of this property?

This property features: 2.51 Acres of Light Industrial Zoned Land; Two Parcels being sold together; Interstate 29 Visibility