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    OFF-MARKET
    Land

    0 41St St, Sioux Falls, SD 57106

    5.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 5.82-acre commercial land parcel presents a remarkable investment opportunity in the thriving southwest area of Sioux Falls, South Dakota. Located on 41st Street in Minnehaha County, zip code 57106, this property boasts excellent visibility and accessibility due to its Ellis Road frontage – a major north-south corridor on Sioux Falls' west side. The area is experiencing significant residential growth, with numerous new housing subdivisions and apartment complexes recently developed. This creates a strong foundation for commercial success, catering to the expanding residential population. The property's proximity to established businesses and amenities further enhances its appeal. Nearby establishments include Sanford Clinic, several schools (St. Katharine Drexel Elementary, Discovery Elementary, Memorial Middle School, Tea Area Frontier Elementary), Silverstar Sanford Family Wellness, restaurants (Valentino's), and retail options (Starbucks, Dollar Tree, Fareway). The seller is open to subdividing the land into smaller lots, providing flexibility for various development scenarios. Detailed engineering plans are available upon request. This location offers a unique blend of established infrastructure and exciting growth potential, making it an exceptional opportunity for businesses seeking a strategic location in a rapidly developing area of Sioux Falls. The land is priced at $16 per square foot. This property is zoned for commercial use.

    Property profile
    Verified
    Property type Land
    Lot 5.82 ac (253,519 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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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