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    Canton SD USA Innovation St Canton, SD 57013

    Sponsored
    For Sale
    $472,930

    4.62 Acres, Prime Industrial Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4.62-acre parcel in Canton, South Dakota's thriving Canton Industrial Park presents a remarkable opportunity for commercial or industrial development. Strategically located on West Innovation Street, this South Dakota Certified Ready Site offers unparalleled access to Highway 18, providing convenient connections to I-29 and the growing community of Canton. The property is zoned for heavy industrial, light industrial, research & development, business services, and rural business park uses, ensuring versatility for a wide range of projects. Priced at $2.35 per square foot, totaling $472,930, this land boasts readily available city water, sewer, and electricity, simplifying development. The site benefits from a prime location just 9 miles from I-29 exit 62 and 17 miles south of Sioux Falls, ensuring excellent connectivity and accessibility. Attractive incentives are available, including a 5-year property tax abatement (20/40/60/80/100) on new construction and a local sales tax rebate program. Utilities are provided by the City of Canton (water and wastewater), Xcel Energy and Southeastern Electric Cooperative (electricity), SDN Communications (telecom), and MidAmerican Energy (natural gas). The sale is subject to Canton Economic Development Corporation (CEDC) approval. APN: 200.52.15.400. This is an ideal location for businesses seeking expansion or new development in a dynamic and supportive community.

    Property Features for Canton SD USA Innovation St

    General Information

    Property type
    Land
    Lot Size
    201,247 SF

    HighLights

    • 4.62‑acre parcel in Canton, SD's Canton Industrial Park, on West Innovation Street.
    • Zoned for heavy industrial, light industrial, R&D, business services, and rural business park uses.
    • $472,930 ($2.35/SF); readily available city water, sewer, and electricity.
    • 9 miles from I‑29 exit 62, 17 miles south of Sioux Falls.
    • 5‑year property tax abatement (20/40/60/80/100) and local sales tax rebate program.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Canton
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.62024
    Latitude
    43.30511

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    FAQs

    What type of property is this?
    Land - 4.62 Acres, Prime Industrial Location
    Where is this land located?
    The property is located at Canton SD USA Innovation St Canton, SD.
    What is the asking price?
    The asking price for this property is $472,930.
    What are key features of this property?
    This property features: 4.62-acre parcel in Canton, SD's Canton Industrial Park, on West Innovation Street.; Zoned for heavy industrial, light industrial, R&D, business services, and rural business park uses.; $472,930 ($2.35/SF); readily available city water, sewer, and electricity.
    Request Owner's contact information
    Canton SD USA Innovation St Canton, SD 57013
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    Canton, SD 57013
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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
    Canton SD USA Innovation St Canton, SD 57013
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