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Property profile & analytics
OFF-MARKET
Land

7400 15Th St Sioux Falls, SD 57106

5.64 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.64-acre parcel presents a unique opportunity for residential development in Sioux Falls, South Dakota. Located near the intersection of 12th Street and Sertoma Avenue in western Sioux Falls, this property offers convenient access to Interstate 29, ensuring seamless connectivity throughout the region. The land is currently zoned for agricultural use (Ag). A key feature is its significant elevation change, boasting over 70 feet of difference from south to north, offering diverse development possibilities and potentially stunning views. The property's proximity to the city bike path and Legacy Park adds significant recreational appeal to the surrounding area. Note that a portion of the property lies within the FEMA floodplain/floodway due to its proximity to Skunk Creek. This should be carefully considered during any development planning. The asking price for this expansive lot is $900,000. The property's address is 7400 W 15th St, Sioux Falls, SD 57106, situated within Minnehaha County. Detailed surveys and environmental assessments are recommended for prospective buyers to fully understand the property's characteristics and potential development constraints.

Property profile
Verified
Property type Land
Lot 5.64 ac (245,678 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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