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    Canton SD Innovation St Canton, SD 57013

    Sponsored
    For Sale
    $641,224

    Prime 16-acre Commercial Land, Single Tenant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16.65-acre commercial property located at 2092 Sarno Road presents a unique investment opportunity. Currently featuring a 3,551 square foot single-tenant building, previously used as a school and subsequently built out as an office, this property offers significant potential. The building boasts convenient front and rear access, with a double rear door ideally suited for efficient deliveries. The C2 zoning allows for a variety of commercial uses, providing flexibility for future development or continued operation as a single-tenant space. The ample lot size provides significant expansion possibilities. The property's APN is 273719030000c0000c00. This is a single-suite building on a substantial parcel of land, making it an attractive proposition for both owner-occupiers and investors seeking a strong foothold in a desirable commercial area. The seller is known for their cooperative approach to negotiations, and flexible terms are available. This property is ready for immediate occupancy or redevelopment, presenting a rare chance to acquire a significant commercial asset in a strategic location. Serious inquiries are encouraged.

    Property Features for Canton SD Innovation St

    General Information

    Property type
    Land
    Lot Size
    217,364 SF

    HighLights

    • Retail and land property totaling 16.65 acres.
    • Single‑tenant commercial building.
    • 3,551 square feet.
    • C2 Zoning.
    • APN: 273719030000c0000c00.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.62552
    Latitude
    43.30594

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime 16-acre Commercial Land, Single Tenant
    Where is this land located?
    The property is located at Canton SD Innovation St Canton, SD.
    What is the asking price?
    The asking price for this property is $641,224.
    What are key features of this property?
    This property features: Retail and land property totaling 16.65 acres.; Single-tenant commercial building.; 3,551 square feet.
    Request Owner's contact information
    Canton SD Innovation St Canton, SD 57013
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    Canton, SD 57013
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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
    Canton SD Innovation St Canton, SD 57013
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