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    41St St Sioux Falls, SD 57106

    Sponsored
    For Sale
    Contact for pricing

    Prime Sioux Falls commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.82-acre commercial land parcel presents a remarkable investment opportunity in the thriving southwest area of Sioux Falls, South Dakota. Located on 41st Street in Minnehaha County, zip code 57106, this property boasts excellent visibility and accessibility due to its Ellis Road frontage – a major north-south corridor on Sioux Falls' west side. The area is experiencing significant residential growth, with numerous new housing subdivisions and apartment complexes recently developed. This creates a strong foundation for commercial success, catering to the expanding residential population. The property's proximity to established businesses and amenities further enhances its appeal. Nearby establishments include Sanford Clinic, several schools (St. Katharine Drexel Elementary, Discovery Elementary, Memorial Middle School, Tea Area Frontier Elementary), Silverstar Sanford Family Wellness, restaurants (Valentino's), and retail options (Starbucks, Dollar Tree, Fareway). The seller is open to subdividing the land into smaller lots, providing flexibility for various development scenarios. Detailed engineering plans are available upon request. This location offers a unique blend of established infrastructure and exciting growth potential, making it an exceptional opportunity for businesses seeking a strategic location in a rapidly developing area of Sioux Falls. The land is priced at $16 per square foot. This property is zoned for commercial use.

    Property Features for 0 41St St

    General Information

    Property type
    Land
    Lot Size
    253,519 SF

    HighLights

    • 5.82‑acre commercial land parcel in Sioux Falls, SD's thriving southwest area, zoned for commercial use and priced at $16/SF.
    • Excellent visibility and accessibility with Ellis Road frontage, a major north‑south corridor.
    • Seller will consider subdividing the land into smaller lots.
    • Detailed engineering plans available upon request.
    • Surrounded by strong residential growth, including new housing and established businesses such as Sanford Clinic, schools, and various retail amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.831523
    Latitude
    43.513939

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    FAQs

    What type of property is this?
    Land - Prime Sioux Falls commercial land, ideal for development.
    Where is this land located?
    The property is located at 41St St Sioux Falls, SD.
    What are key features of this property?
    This property features: 5.82-acre commercial land parcel in Sioux Falls, SD's thriving southwest area, zoned for commercial use and priced at $16/SF.; Excellent visibility and accessibility with Ellis Road frontage, a major north-south corridor.; Seller will consider subdividing the land into smaller lots.
    (605) 275-4251
    Request Owner's contact information
    41St St 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
    41St St Sioux Falls, SD 57106
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