0 Ford St Humboldt, SD 57035
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.
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
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.