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    10th Ave Watertown, SD 57201

    Sponsored
    For Sale
    $6,266,106

    Prime Watertown location, high visibility, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 9.59-acre commercial land parcel presents a unique investment opportunity in Watertown, South Dakota. Located on 10th Ave Southeast, this property boasts a prime location directly adjacent to a Walmart Supercenter, ensuring high visibility and accessibility. The site benefits from its position within a thriving commercial district, surrounded by established retail stores, restaurants, and hotels, guaranteeing significant foot and vehicle traffic. Zoned for commercial use, this versatile land is ideal for a wide range of developments, including retail, hospitality, or mixed-use projects. The asking price is $6,266,106, translating to $15 per square foot. This represents a rare chance to acquire a high-value site in one of Watertown's busiest areas, offering substantial potential for growth and return on investment. The property is situated in Codington County, South Dakota, with a zip code of 57201. This exceptional location, combined with its size and zoning, makes this a truly remarkable opportunity for developers seeking a strategic foothold in a rapidly growing market. The land is ready for immediate development, offering a streamlined path to realizing your commercial vision. Don't miss this chance to secure a prominent position in Watertown's dynamic commercial landscape.

    Property Features for 10th Ave

    General Information

    Property type
    Land
    Lot Size
    417,740 SF

    HighLights

    • Prime location adjacent to Walmart Supercenter in Watertown, SD's thriving commercial district.
    • High visibility and accessibility due to significant daily foot and vehicle traffic.
    • Commercially zoned, suitable for retail, hospitality, or mixed‑use development.
    • Located in a rapidly growing area of Watertown, SD.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watertown
    County
    Codington
    State
    South Dakota
    Longitude
    -97.073529135449
    Latitude
    44.888446951844

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    FAQs

    What type of property is this?
    Land - Prime Watertown location, high visibility, development ready.
    Where is this land located?
    The property is located at 10th Ave Watertown, SD.
    What is the asking price?
    The asking price for this property is $6,266,106.
    What are key features of this property?
    This property features: Prime location adjacent to Walmart Supercenter in Watertown, SD's thriving commercial district.; High visibility and accessibility due to significant daily foot and vehicle traffic.; Commercially zoned, suitable for retail, hospitality, or mixed-use development.
    Request Owner's contact information
    10th Ave Watertown, SD 57201
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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
    10th Ave Watertown, SD 57201
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