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    OFF-MARKET
    Land

    0 Park Viii, Sioux Falls, SD 57104

    4.3 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.3-acre industrial land parcel, situated in Sioux Falls, South Dakota's thriving Park VIII East development, presents a prime opportunity for light industrial development. Located in Minnehaha County, zip code 57104, this build-ready lot is zoned I-1 for light industrial use, ensuring seamless project commencement. All utilities are readily available on-site, eliminating infrastructure hurdles. The property features protective covenants in place, guaranteeing a consistent and high-quality development environment. On-site detention (BMP) is required, reflecting a commitment to sustainable development practices. Priced at $797,801.40, or $4.50 per square foot, this lot offers significant value for its size and location within a well-established industrial park. The lot is easily subdividable or combinable with adjacent parcels, providing flexibility for various project scales and needs. This is a rare opportunity to acquire a fully prepared site, ready for immediate development, in a desirable and rapidly growing area. Don't miss this chance to secure your ideal industrial footprint in Sioux Falls.

    Property profile
    Verified
    Property type Land
    Lot 4.3 ac (187,308 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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    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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