0 Innovation St Canton, SD 57013
This exceptional 3.82-acre parcel, located in the Canton Industrial Park, presents a remarkable opportunity for commercial or industrial development. Situated on W Innovation St in Canton, South Dakota (zip code 57013), this South Dakota Certified Ready Site boasts convenient access to Highway 18, providing easy connectivity to I-29 and the thriving community of Canton. The property is zoned for heavy industrial, light industrial, research & development, business services, and rural business park uses. All utilities—city water, sewer, and electricity—are readily available on-site. The asking price is $490,877, translating to $2.95 per square foot. This land offers significant advantages, including proximity to Sioux Falls (17 miles south) and I-29 exit 62 (9 miles away). The sale is subject to Canton Economic Development Corporation (CEDC) approval. Attractive incentives are available, including a 5-year property tax abatement (20/40/60/80/100) on new construction and a local sales tax rebate program. Water and wastewater services are provided by the City of Canton
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
Similar Nearby for Sale
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.