Listing Agency: Harr-Lemme Commercial Real Estate j***@c-lemme.com Show Phone

Listed By: Joel Ingle · License #SD

Source: Crexi

Added: Jul 3, 2020 Changed: Aug 8 Last Checked: Aug 19 at 10:50AM

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Investment Insights

Based on property information with market context.

This property offers excellent I-29 frontage visibility and access, located 1/4 mile west of Exit 73 (Tea / Sioux Falls Exit) within the Bakker Landing business development. Lot sizes range from 1 to 100 acres. Phase 1 of Bakker Landing is build-ready, featuring completed sanitary sewer, municipal water, and street improvements. Land uses include retail, office, industrial, sales, and corporate purposes. All structures are subject to design requirements included in the Covenants and Restrictions of record.

Key Highlights

• Excellent I‑29 Frontage Visibility
• Excellent Access 1/4 Mile West of Exit 73 (Tea / Sioux Falls Exit)
• Lot Sizes 1‑100 Acres Available

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Carpet & Flooring Store Parking Lot & Garage Computer & Electronic Repair HVAC Service Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

243

Businesses Nearby

Explore this area Business Placement

Demographics for 57064, SD

6,908

Population

2,652

Households

2.6

Avg Household Size

31

Median Age

39%

College-Educated

98%

High-School Grad

25.6 sq mi

ZIP Area

270

Density / Sq Mi

$104,351

Median Household Income

$54,400

Median Earnings

$1,132

Median Rent

$330,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Commercial land - Land with excellent I-29 frontage and access.

Where is this commercial land located?

The property is located at 47004 271st St Tea, SD.

What are key features of this property?

This property features: Excellent I‑29 Frontage Visibility; Excellent Access 1/4 Mile West of Exit 73 (Tea / Sioux Falls Exit); Lot Sizes 1‑100 Acres Available