Property profile

0 Bakker Lndg Ave Tea, SD 57064

OFF-MARKET
Land
4 ac lot
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Property summary

AI-generated overview

This exceptional 4-acre commercial/industrial land parcel presents a unique investment opportunity in the rapidly growing Bakker Landing development in Tea, South Dakota. Strategically located just off 271st Street and boasting prime interstate frontage on I-29, this corner lot on Bakker Landing Ave offers unparalleled visibility and accessibility. With a land value of $10 per square foot, the asking price is $1,739,880. The property is zoned Bakker Landing PUD, Sub area (B), and is a platted lot with existing development drainage infrastructure in place. Benefit from high traffic counts: 38,760 vehicles per day (VPD) on I-29 and 15,295 VPD on 271st Street. This location is part of the expanding Bakker Crossing, a 270-acre development connecting Tea and Sioux Falls. The future Veterans Parkway, connecting I-29 and I-90, will further enhance accessibility. Established neighboring businesses include I-29 RV Marine & Outdoor, Glass Doctor, CarSwap, Fonders Keepers, and Morton Buildings, creating a thriving commercial environment. This property is ideal for businesses seeking high visibility and convenient access to major transportation arteries in one of South Dakota's fastest-growing counties. Lincoln County's robust economic growth makes this a compelling investment opportunity with significant long-term potential. The zip code is 57064.

Property profile

Verified
Property type Land
Lot 4 ac (174,240 SF)

Cap rate & NOI

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

Location

Bakker Lndg Ave Tea, SD 57064
Tea metro
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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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