Property profile

0 470Th Ave Tea, SD 57064

OFF-MARKET
Land
2 ac lot
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Property summary

AI-generated overview

This exceptional 2-acre commercial land parcel presents a unique investment opportunity in Tea, South Dakota. Strategically located on Highway 110, directly off Exit 71 of Interstate 29, this corner lot boasts high visibility and easy access. Currently zoned for agricultural use, the property offers significant potential for a variety of commercial ventures. The location is surrounded by a mix of residential, commercial, and light industrial properties, suggesting a thriving and diverse community. The property's APN is 100.50.31.J001. Buyers should be aware that rezoning will be the responsibility of the purchaser to accommodate their intended use. The asking price for this remarkable property is $500,000. This presents a blank canvas for developers and entrepreneurs seeking a prime location with substantial growth potential in a rapidly developing area. The address is 470th Ave, Tea, SD 57064, within Lincoln County. The latitude and longitude coordinates are 43.43192736279743, -96.80572807036971 respectively. This is bare land ready for your vision.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

470Th Ave Tea, SD 57064
Tea metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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