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    3201 Ellis Rd Sioux Falls, SD 57106

    Sponsored
    For Sale
    Contact for pricing

    Prime Ellis Road location, high-growth area.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial and industrial land parcel, situated just north of the intersection of 41st Street and Ellis Road in Sioux Falls, South Dakota, presents a unique investment opportunity. The property boasts a generous lot size ranging from 0.5 to 4.01 acres, offering flexibility for various development projects. With a land value ranging from $14 to $16 per square foot, this represents a compelling price point in a rapidly expanding area. The location offers excellent visibility and accessibility, with frontage on Ellis Road, a major north-south corridor on the west side of Sioux Falls. The area is experiencing significant growth, evidenced by the recent development of Fareway Meat & Grocery, Dollar Tree, and numerous proposed apartment units. The property's strategic location places it near a substantial existing residential population, as well as key amenities such as Sanford Clinic, several elementary and middle schools, and various retail establishments including Casey's General Store, Shenanigans, and Westridge Plaza. The land is easily subdividable, providing options for smaller-scale developments or partnerships. This prime location in one of Sioux Falls' fastest-growing residential areas makes this an ideal investment for developers seeking to capitalize on the city's robust expansion. The property is located at 3201 S Ellis Rd, Sioux Falls, SD 57106, within Minnehaha County. Further details are available upon request.

    Property Features for 3201 Ellis Rd

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Ellis Road frontage, a major north‑south corridor in west Sioux Falls.
    • Subdividable land parcels available.
    • Located in one of Sioux Falls' fastest‑growing residential areas.
    • Excellent proximity to numerous amenities including Sanford Clinic, multiple schools, and various retail establishments (Dollar Tree, Fareway, Casey's).
    • Contact broker for details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Hotel & Motel Carpet & Flooring Store

    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
    -96.8308016
    Latitude
    43.5163279

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    FAQs

    What type of property is this?
    Land - Prime Ellis Road location, high-growth area.
    Where is this land located?
    The property is located at 3201 Ellis Rd Sioux Falls, SD.
    What are key features of this property?
    This property features: Ellis Road frontage, a major north-south corridor in west Sioux Falls.; Subdividable land parcels available.; Located in one of Sioux Falls' fastest-growing residential areas.
    Request Owner's contact information
    3201 Ellis Rd Sioux Falls, SD 57106
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    Sioux Falls, SD 57106
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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
    3201 Ellis Rd Sioux Falls, SD 57106
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