7400 15Th St Sioux Falls, SD 57106
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.