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    Mitchell SD Spruce St Mitchell, SD 57301

    Sponsored
    For Sale
    Contact for pricing

    Prime Industrial Land Near I-90

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 160-acre parcel presents a unique opportunity for industrial development in Mitchell, South Dakota. Located just one mile from I-90, via the East Spruce Street/255th Street exit, this property boasts convenient access to major transportation routes, significantly reducing logistical costs and travel times. The land is currently zoned for urban development, with industrial zoning pending, offering flexibility for a wide range of industrial uses. Its level terrain simplifies site development, minimizing preparation costs and expediting construction timelines. The property features paved road access, ensuring seamless transportation of materials and personnel. The site's proximity to Mitchell's city center provides easy access to a skilled workforce, essential services, and community amenities. The acreage is divisible, offering options for smaller-scale developments, ranging from 4 acres to the full 160 acres. This strategic location, coupled with its size and accessibility, makes this property an ideal investment for businesses seeking a prime industrial location in a thriving South Dakota community. The property is situated in Davison County, South Dakota, with a Mitchell, SD 57301 zip code. Contact for pricing.

    Property Features for Mitchell SD Spruce St

    General Information

    Property type
    Land
    Lot Size
    6,969,600 SF

    HighLights

    • Contact broker for pricing.
    • 160 acres, divisible into smaller parcels (4 acres minimum).
    • Industrial zoning pending; currently zoned for urban development.
    • Excellent location: one mile from I‑90, accessible via paved roads, near Mitchell, SD.
    • Level terrain, simplifying site development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mitchell
    County
    Davison
    State
    South Dakota
    Longitude
    -98.0060456
    Latitude
    43.6876527

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land Near I-90
    Where is this land located?
    The property is located at Mitchell SD Spruce St Mitchell, SD.
    What are key features of this property?
    This property features: Contact broker for pricing.; 160 acres, divisible into smaller parcels (4 acres minimum).; Industrial zoning pending; currently zoned for urban development.
    Request Owner's contact information
    Mitchell SD Spruce St Mitchell, SD 57301
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    Mitchell, SD 57301
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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
    Mitchell SD Spruce St Mitchell, SD 57301
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