Tbd Republic Rd, Summerset, SD 57718
This exceptional 7.6-acre commercial lot in Summerset, South Dakota, presents a remarkable development opportunity. Located on TBD Republic Road, the rectangular parcel boasts impressive dimensions of approximately 535 feet wide by 624 feet deep (see attached plat for details). Its strategic location offers significant frontage along I-90, measuring approximately 530 linear feet, ensuring high visibility and accessibility for any commercial venture. The property's gentle 3-4% cross slope facilitates ease of construction. Utilities are readily available, with sewer and water access points along Independence Street, Republic Road, and the I-90 corridor. All other utilities are accessible via Independence Street or Republic Road. Zoned for General Commercial use, this expansive lot is ideally suited for a variety of medium to large-scale projects. A significant advantage for developers is the availability of a 0% property tax abatement for five years, offered by Meade County for all new commercial construction. This incentive significantly reduces initial investment costs and enhances the overall return on investment. This prime location and attractive tax benefit make this property an exceptional investment opportunity.
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
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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.