Technical
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Property profile

Tbd Republic Rd Summerset, SD 57718

OFF-MARKET
Commercial real estate
7.6 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Lot 7.6 ac (331,056 SF)

Cap rate & NOI

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

Location

Tbd Republic Rd Summerset, SD 57718
Summerset metro
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Value estimations

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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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