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Property profile & analytics
OFF-MARKET
Land

0 Ford St Humboldt, SD 57035

80 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 80-acre property presents a unique development opportunity in Humboldt, South Dakota. Located on S Ford St, with convenient access to I-90, this land offers a blend of commercial and residential potential, zoned for agriculture. The property is comprised of two parcels, APN 24125 and 16302, owned by Greg A & Karen A Schultz. A significant portion, 75.31 acres, is available for annexation, while 4.69 acres are already annexed within the city limits. This strategic location places the land in close proximity to Humboldt's city ball fields and West Central Elementary School, making it ideal for family-oriented developments. The asking price is $2,160,000, translating to $27,000 per acre. Given its proximity to recreational facilities and educational institutions, this land is well-suited for single-family or multi-family residential projects. The seller is open to subdividing the property to accommodate various development plans. Serious inquiries are encouraged; bring your offers. This is a rare opportunity to acquire a substantial parcel of land in a thriving South Dakota community. The property's location and zoning make it a highly attractive investment for developers seeking to capitalize on the growing demand for housing and recreational amenities in the Humboldt area. The zip code is 57035, and the property is situated in Minnehaha County.

Property profile
Verified
Property type Land
Lot 80 ac (3,484,800 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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