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    6001 Medical Ct Sioux Falls, SD 57108

    Sponsored
    For Sale
    Contact for pricing

    Interstate-visible lots, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional development opportunity presents two strategically located parcels of land in Sioux Falls, South Dakota, totaling 16.02 acres. Situated at 6001 S Medical Ct, in Lincoln County, zip code 57108, this property boasts unparalleled visibility due to its proximity to major interstate highways. The land is zoned for medical and hospitality uses, making it perfect for a medical facility, hotel, or a mixed-use development. Lot 1 encompasses 5.57 acres, while Lot 2 comprises 10.45 acres and offers the potential for subdivision, providing flexibility for various development plans. The land is priced competitively at $15 per square foot, representing a significant value proposition for investors seeking high-impact development in a thriving market. The location offers easy access to key transportation routes and is surrounded by established infrastructure, minimizing development challenges and maximizing return on investment. With its prime location and versatile zoning, this property presents a rare opportunity to capitalize on the growing demand for medical and hospitality services in Sioux Falls. The latitude and longitude coordinates are 43.491631 and -96.7849354 respectively. The total acreage available ranges from 5.23 to 16.02 acres, depending on the configuration chosen.

    Property Features for 6001 Medical Ct

    General Information

    Property type
    Land
    Lot Size
    227,819 SF

    HighLights

    • 16.02‑acre development site in Sioux Falls, SD (6001 S Medical Ct, 57108).
    • Zoned for medical and hospitality uses.
    • Two parcels: 5.57 acres and 10.45 acres (potential for subdivision).
    • $15/SF; excellent visibility and access to major highways.
    • Prime location in thriving market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7849354
    Latitude
    43.491631

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    FAQs

    What type of property is this?
    Land - Interstate-visible lots, ideal for development.
    Where is this land located?
    The property is located at 6001 Medical Ct Sioux Falls, SD.
    What are key features of this property?
    This property features: 16.02-acre development site in Sioux Falls, SD (6001 S Medical Ct, 57108).; Zoned for medical and hospitality uses.; Two parcels: 5.57 acres and 10.45 acres (potential for subdivision).
    (605) 376-0127
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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
    6001 Medical Ct Sioux Falls, SD 57108
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