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    OFF-MARKET
    Commercial real estate

    Tbd Republic Rd, Summerset, SD 57718

    7.6 ac lot
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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