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    Cliff Ave Sioux Falls, SD 57108

    Sponsored
    For Sale
    $4,862,850

    57 Acres, High-Growth Area, $4.8M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 57.21-acre parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Located in Minnehaha County, near the intersection of Cliff Avenue and 85th Street, this A-1 zoned agricultural and commercial land boasts a prime location within a rapidly expanding area. The property benefits from its proximity to major transportation arteries, including SD HWY-100, which connects to the future Veterans Parkway—a planned roadway mirroring I-229, providing easy access to I-29 and I-90. This strategic positioning ensures high visibility and accessibility for a wide range of commercial developments. The area demonstrates strong economic indicators, with an average household income exceeding $88,968 within a one-mile radius, and is surrounded by established retail businesses such as Walmart, Burger King, McDonald's, and more. Utilities include Lincoln Rural Water and the Lewis & Clark Water source along the southern border. While sewer is not currently available, future annexation is planned. The property is less than a quarter mile from the future Veterans Parkway, currently under construction with an estimated completion date of 2027, and planned overpasses and intersections at I-29 and Cliff Avenue will further enhance connectivity. This land offers significant potential for commercial development, capitalizing on the area's robust growth and convenient location. The asking price is $4,862,850, representing a price per acre of $85,000.

    Property Features for 0 Cliff Ave

    General Information

    Property type
    Farms
    Lot Size
    2,492,068 SF

    HighLights

    • A‑1 Agricultural zoning.
    • Prime location in a high‑growth area with high traffic and consumer spending.
    • Lincoln Rural Water and Lewis & Clark Water available on the south property border.
    • Sewer unavailable; future annexation planned.
    • Average household income exceeding $88,968 within one mile.
    • Proximity to Walmart, Burger King, McDonald's, and other retail businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Falls Dental Dentist Winsupply of Sioux Falls Heating Equipment Supplier DXP Enterprises Industrial Equipment Supplier Zoom-Fix Fireplace Store Sioux Falls Bicycle ... Bicycle Shop

    Map

    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.691985
    Latitude
    43.478153

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    FAQs

    What type of property is this?
    Farm - 57 Acres, High-Growth Area, $4.8M
    Where is this farm located?
    The property is located at Cliff Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $4,862,850.
    What are key features of this property?
    This property features: A-1 Agricultural zoning.; Prime location in a high-growth area with high traffic and consumer spending.; Lincoln Rural Water and Lewis & Clark Water available on the south property border.
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    Cliff Ave Sioux Falls, SD 57108
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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
    Cliff Ave Sioux Falls, SD 57108
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