Property profile

0 Park Viii Sioux Falls, SD 57104

OFF-MARKET
Land
4.3 ac lot
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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

Location

Park Viii Sioux Falls, SD 57104
Sioux Falls metro
Google Maps

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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