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    I-29 Sioux Falls, SD 57106

    Sponsored
    For Sale
    Contact for pricing

    Prime Sioux Falls commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional commercial development opportunity in Sioux Falls, South Dakota, presents 1 to 12.5 acres of land for sale, priced from $10 to $22 per square foot. Strategically located on busy 12th Street near I-29, this 26.24-acre site boasts unparalleled visibility and accessibility, with impressive traffic counts totaling 106,780 vehicles per day at the intersection of W 12th Street and I-29. The site's concept plan envisions a mixed-use development incorporating restaurants, retail spaces, hotels, and corporate office parks. Currently home to established businesses such as Northern Tool, Silverstar Carwash, and Starbucks, attracting over 540,000 visits in the past year, this location offers immediate access to a thriving market. Its proximity to downtown Sioux Falls (ten minutes) and the Meadows on the River development (five minutes) provides convenient access to two of the city's busiest areas. The surrounding area features numerous amenities, including Sherman Park, the Great Plains Zoo, and several country clubs. Nearby nationally recognized businesses include Taco Bell, Wendy's, Harbor Freight, and Wells Fargo, further solidifying the area's strong commercial presence. This is a rare opportunity to acquire a high-traffic, well-located parcel in a rapidly growing area of Sioux Falls. The property is situated in Minnehaha County, South Dakota, with a zip code of 57106. Detailed delivery and timing information is available upon request.

    Property Features for 0 I-29

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 26.24‑acre redevelopment site in Sioux Falls, SD; 1‑12.5 acres available for sale, priced from $10-$22/SF.
    • Concept plan includes restaurants, retail, hotels, and corporate office space.
    • Existing development includes Northern Tool, Silverstar Carwash, Starbucks, and others, attracting 540,000 visits annually.
    • High traffic counts: 106,780 vehicles per day at W 12th Street and I‑29 intersection.
    • Proximity to Sherman Park, Great Plains Zoo, and several country clubs.
    • Nearby national retailers include Taco Bell, Wendy's, Harbor Freight, and Wells Fargo.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7751178
    Latitude
    43.5433433

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    FAQs

    What type of property is this?
    Land - Prime Sioux Falls commercial land
    Where is this land located?
    The property is located at I-29 Sioux Falls, SD.
    What are key features of this property?
    This property features: 26.24-acre redevelopment site in Sioux Falls, SD; 1-12.5 acres available for sale, priced from $10-$22/SF.; Concept plan includes restaurants, retail, hotels, and corporate office space.; Existing development includes Northern Tool, Silverstar Carwash, Starbucks, and others, attracting 540,000 visits annually.
    (605) 275-4251
    Request Owner's contact information
    I-29 Sioux Falls, SD 57106
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    I-29
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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
    I-29 Sioux Falls, SD 57106
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