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    27313 Prairie Wind Rd Tea, SD 57064

    For Sale
    $935,000

    26.2 Acres, $935,000 - Zoned A-1

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 26.2-acre parcel presents a unique opportunity for residential development in the desirable Tea, South Dakota area. Currently divided into twenty individual lots, this property offers significant potential for builders or investors seeking a substantial land holding. Conveniently located south of Tea, it provides quick access to Interstate 29 via Exit 71, ensuring easy commutes to Sioux Falls (approximately 3 miles away) and beyond. The property is situated within the Tea school district, adding to its appeal for families. The land is zoned A-1 Agriculture, offering flexibility for various development plans. Prospective buyers are advised to independently verify the availability and specifics of utilities. A 2023 appraisal is available upon request, subject to the signing of a non-disclosure agreement. The address is 27313 Prairie Wind Rd, Tea, SD 57064, within Lincoln County. This is a remarkable opportunity to acquire a large tract of land in a rapidly growing community, offering both immediate and long-term value. The asking price for this expansive property is $935,000.

    Property Features for 27313 Prairie Wind Rd

    General Information

    Property type
    Land
    Lot Size
    1,141,272 SF

    HighLights

    • 26.2‑acre residential development parcel in Tea, SD.
    • Divided into 20 individual lots, ideal for builders or investors.
    • Convenient I‑29 access (Exit 71), close to Sioux Falls.
    • Located in the Tea school district.
    • A‑1 Agriculture zoning.
    • 2023 appraisal available with NDA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Storage Facility Bar & Pub Electrical Service Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.8245703
    Latitude
    43.4304868

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    FAQs

    What type of property is this?
    Land - 26.2 Acres, $935,000 - Zoned A-1
    Where is this land located?
    The property is located at 27313 Prairie Wind Rd Tea, SD.
    What is the asking price?
    The asking price for this property is $935,000.
    What are key features of this property?
    This property features: 26.2-acre residential development parcel in Tea, SD.; Divided into 20 individual lots, ideal for builders or investors.; Convenient I-29 access (Exit 71), close to Sioux Falls.
    (605) 940-0559
    Request Owner's contact information
    27313 Prairie Wind Rd Tea, SD 57064
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    Tea, SD 57064
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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
    27313 Prairie Wind Rd Tea, SD 57064
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