27096 468Th Ave Tea, SD 57064
- Land
- 5.56 lot acres
Current Use by Public Records
- Land
Property Details for 27096 468Th Ave
- Lot size
- 5.56 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 5.56-acre property in Tea, South Dakota, presents a unique investment opportunity. Located just two blocks north of Tea Area High School, this land offers significant potential for various commercial and agricultural uses. Currently zoned A-1 Agriculture, the property's versatility allows for diverse development options. While 1.76 acres are designated as wetlands, a wetland mitigation and restoration plan is feasible, with estimated costs of approximately $70,000 per acre to reclaim the usable land. The property's convenient location provides easy access to essential amenities and infrastructure. The availability of both rural and city water further enhances its development potential. This prime location, combined with its size and zoning, makes it an attractive prospect for developers seeking to capitalize on the growing Tea community. Detailed wetland maps are available upon request, providing comprehensive information for potential buyers to assess the feasibility of their development plans. The asking price for this significant land parcel is $1,100,000. This represents a compelling investment opportunity in a thriving South Dakota community. The address is 27096 468th Ave, Tea, SD 57064.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tea
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.8462
- Latitude
- 43.4613
