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    503 Six Mile Rd Sioux Falls, SD 57110

    Sponsored
    For Sale
    Contact for pricing

    Prime Sioux Falls commercial lots. Build-ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Several commercial lots are available now in the Willows Edge Development, located in northeast Sioux Falls, South Dakota, at the intersection of Arrowhead Parkway and South Six Mile Road. This thriving area offers excellent opportunities for businesses seeking a strategic location. Lots are "build-ready," meaning sewer, storm, and water infrastructure is in place per approved plans. Engineering is complete, and shared detention and rough grading have been finished. The lots range in size from 24,658 to 145,592 square feet, offering flexibility for various development needs. Lots can be combined or adjusted to suit specific project requirements. The price per square foot ranges from $12 to $22, with the final sales price calculated by multiplying the price per square foot by the final approved plat's square footage. This development presents a unique opportunity to establish a presence in a rapidly growing area of Sioux Falls, with all the necessary infrastructure in place to expedite the construction process. The property is conveniently situated in Minnehaha County, South Dakota, with the address listed as 503 S Six Mile Rd, Sioux Falls, SD 57110.

    Property Features for 503 Six Mile Rd

    General Information

    Property type
    Land

    HighLights

    • $12M asking price for multiple commercial land lots.
    • Lots range from 24,658 to 145,592 square feet.
    • Land price ranges from $12 to $22 per square foot.
    • Located at 503 S Six Mile Rd, Sioux Falls, SD 57110.
    • Lots are build‑ready, with sewer, storm, and water infrastructure in place.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Auto Repair Shop Clothing Store Gym & Fitness Hotel & Motel Kitchen & Bath Accounting Firm Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.63368589
    Latitude
    43.5379305

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    FAQs

    What type of property is this?
    Land - Prime Sioux Falls commercial lots. Build-ready.
    Where is this land located?
    The property is located at 503 Six Mile Rd Sioux Falls, SD.
    What is the asking price?
    The asking price for this property is $12.
    What are key features of this property?
    This property features: $12M asking price for multiple commercial land lots.; Lots range from 24,658 to 145,592 square feet.; Land price ranges from $12 to $22 per square foot.
    Request Owner's contact information
    503 Six Mile Rd Sioux Falls, SD 57110
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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
    503 Six Mile Rd Sioux Falls, SD 57110
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