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    5801 41St St Sioux Falls, SD 57110

    Sponsored
    For Sale
    Contact for pricing

    6-Acre Development Site, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6-acre commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Strategically located at the hard corner of East 41st Street and SD Highway 100, this site boasts unparalleled visibility due to its placement at a signalized intersection. The property's prime location offers significant advantages for businesses seeking high traffic exposure. Its adjacency to Harmodon Park, South Dakota's largest ballpark, further enhances its appeal, providing access to over 325,000 annual visitors. The land is zoned for a variety of commercial uses, including retail, quick-service restaurants (QSR), and full-service restaurants, making it suitable for a wide range of development projects. The land value ranges from $8 to $14 per square foot, presenting a compelling price point for developers. The property's address is 5801 East 41st Street, Sioux Falls, SD 57110, within Minnehaha County. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving South Dakota market. The site's potential for significant return on investment is undeniable, making it an attractive proposition for discerning investors and developers. Detailed site plans and zoning information are available upon request.

    Property Features for 5801 41St St

    General Information

    Property type
    Restaurants
    Lot Size
    261,360 SF

    HighLights

    • 6‑acre commercial land parcel in Sioux Falls, SD, at the hard corner of E 41st St & SD Hwy 100.
    • High visibility at a signalized intersection.
    • Adjacent to Harmodon Park, South Dakota's largest ballpark, attracting over 325,000 annual visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -96.6535991
    Latitude
    43.5139638

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    FAQs

    What type of property is this?
    Restaurant - 6-Acre Development Site, High Visibility
    Where is this restaurant located?
    The property is located at 5801 41St St Sioux Falls, SD.
    What are key features of this property?
    This property features: 6-acre commercial land parcel in Sioux Falls, SD, at the hard corner of E 41st St & SD Hwy 100.; High visibility at a signalized intersection.; Adjacent to Harmodon Park, South Dakota's largest ballpark, attracting over 325,000 annual visitors.
    Request Owner's contact information
    5801 41St St Sioux Falls, SD 57110
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    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
    5801 41St St Sioux Falls, SD 57110
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