Technical
Financial
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Property profile

6395 Heather Ln Summerset, SD 57718

OFF-MARKET
Commercial real estate
2.65 ac lot
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Property summary

AI-generated overview

This exceptional 2.65-acre commercial lot, located at 6395 Heather Lane in Summerset, South Dakota, presents a unique opportunity for immediate development. Situated off Sturgis Road, this property boasts convenient access and high visibility. All utilities are readily available, with electricity, gas, and city water extending to the lot line. The regional drainage system is already in place, eliminating a significant hurdle in the construction process. This significantly reduces upfront development costs and allows for a swift commencement of building. The seller is offering a substantial $7,000 credit at closing to help offset the expense of installing a commercial septic system. This incentive makes this lot an even more attractive investment. The reduced price makes this a compelling opportunity for businesses seeking a prime location in a growing area. Don't miss this chance to secure a strategically located commercial lot with all the necessary infrastructure in place. Act quickly, as this exceptional property is expected to generate significant interest. The lot's size and location make it ideal for a variety of commercial ventures. Contact us today to learn more and schedule a viewing.

Property profile

Verified
Property type Commercial real estate
Lot 2.65 ac (115,434 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6395 Heather Ln Summerset, SD 57718
Summerset 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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