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    272nd 472Nd Ave Sioux Falls, SD 57108

    Sponsored
    For Sale
    $2,162,318

    12 Acres, Mixed-Use Potential, A-1 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 12.41-acre land parcel presents a unique investment opportunity in a rapidly growing area of Sioux Falls, South Dakota. Currently zoned A-1 Agriculture, this property boasts significant potential for mixed-use development, offering flexibility for a variety of commercial, industrial, or agricultural ventures. Strategically located at the southeast corner of Highway 117/472nd Avenue (Louise Avenue) and 272nd Street, it enjoys high visibility and convenient access to major transportation arteries. Its proximity to Bakker Crossing Golf Course and Adventure Elementary School in Harrisburg adds to its appeal. The property benefits from easy access to Interstate 29 and the future South Veterans Parkway/SD Hwy 100, ensuring seamless connectivity throughout the region. Situated approximately 1.5 miles south of Sioux Falls and 3 miles from Tea, this location offers the best of both worlds – suburban tranquility with easy access to a major metropolitan area. Infrastructure is already in place, with access to Lincoln County Rural Water and a new Harrisburg sewer line stubbed directly to the site. Importantly, the land is annexed into the City of Sioux Falls, simplifying development processes and offering access to city services. This prime location, combined with its versatile zoning and readily available infrastructure, makes this 12.41-acre tract an ideal investment for developers seeking a high-growth area with significant upside potential. The asking price is $2,162,318.

    Property Features for 272nd 472Nd Ave

    General Information

    Property type
    Farms
    Lot Size
    540,580 SF

    HighLights

    • 12.41‑acre land parcel in Sioux Falls, SD, zoned A‑1 Agriculture, with mixed‑use development potential.
    • High‑visibility location at Hwy 117/472nd Ave & 272nd St, near Bakker Crossing Golf Course and Adventure Elementary School.
    • Excellent access to I‑29, future South Veterans Parkway/SD Hwy 100, and city services.
    • Annexed into Sioux Falls, with available Lincoln County Rural Water and Harrisburg sewer.
    • Asking price: $2,162,318.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7673789
    Latitude
    43.4462552

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    FAQs

    What type of property is this?
    Farm - 12 Acres, Mixed-Use Potential, A-1 Zoning
    Where is this farm located?
    The property is located at 272nd 472Nd Ave Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $2,162,318.
    What are key features of this property?
    This property features: 12.41-acre land parcel in Sioux Falls, SD, zoned A-1 Agriculture, with mixed-use development potential.; High-visibility location at Hwy 117/472nd Ave & 272nd St, near Bakker Crossing Golf Course and Adventure Elementary School.; Excellent access to I-29, future South Veterans Parkway/SD Hwy 100, and city services.
    Request Owner's contact information
    272nd 472Nd Ave Sioux Falls, SD 57108
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    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
    272nd 472Nd Ave Sioux Falls, SD 57108
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