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    SD Leucadia Trl Sioux Fls Sioux Falls, SD 57110

    Sponsored
    For Sale
    Contact for pricing

    Prime East Sioux Falls land, live-work & multi-family potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Sioux Falls property offers a unique investment opportunity encompassing multiple development possibilities. Located on Leucadia Trail in Minnehaha County, zip code 57110, this land parcel is strategically situated near South Veterans Parkway in a rapidly growing area of the city. The property is divided into three distinct sections, each zoned for a specific use and priced accordingly. One 1.22-acre parcel is designated Live-Work (LW), priced at $9.00 per square foot. A second parcel, spanning 4.99 acres, is zoned RA-1 Residential (multi-family), offered at $8.00 per square foot. Finally, a 3.22-acre section is zoned RD-1 Residential (twinhome), available at $6.00 per square foot. The total acreage available is between 1.22 and 9.43 acres. All parcels benefit from convenient access to city utilities. The property will be delivered rough-graded and fully prepared for immediate development. Its prime location offers easy access to major transportation arteries, including proximity to Madison Street (half a mile), Interstate 90 (3 miles), and Dawley Farm (1.5 miles). This presents a rare chance to capitalize on the thriving Sioux Falls real estate market. The flexible zoning and build-ready condition make this an ideal investment for developers seeking diverse project options.

    Property Features for SD Leucadia Trl Sioux Fls

    General Information

    Property type
    Land
    Lot Size
    53,143 SF

    HighLights

    • 1.22‑9.43 acre commercial and residential land parcel in Sioux Falls, SD.
    • Live‑Work (LW) zoned 1.22‑acre lot priced at $9.00/SF.
    • Multi‑family (RA‑1) zoned 4.99‑acre lot priced at $8.00/SF.
    • Twinhome (RD‑1) zoned 3.22‑acre lot priced at $6.00/SF.
    • City utilities available.
    • Property will be delivered rough‑graded and build‑ready.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.642241
    Latitude
    43.568996

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    FAQs

    What type of property is this?
    Land - Prime East Sioux Falls land, live-work & multi-family potential.
    Where is this land located?
    The property is located at SD Leucadia Trl Sioux Fls Sioux Falls, SD.
    What are key features of this property?
    This property features: 1.22-9.43 acre commercial and residential land parcel in Sioux Falls, SD.; Live-Work (LW) zoned 1.22-acre lot priced at $9.00/SF.; Multi-family (RA-1) zoned 4.99-acre lot priced at $8.00/SF.
    (605) 496-2966
    Request Owner's contact information
    SD Leucadia Trl Sioux Fls Sioux Falls, SD 57110
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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
    SD Leucadia Trl Sioux Fls Sioux Falls, SD 57110
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