Property summary
This exceptional 140.39-acre commercial land parcel presents a unique development opportunity in Sioux Falls, South Dakota. Located near Benson Road & La Mesa in Minnehaha County, zip code 57107 (43.5873906, -96.8109982), this property offers significant potential for various commercial uses. The land is divided into three parcels. Parcel 1, encompassing 49.3 acres, is priced at $45,000 per acre. Parcel 2, spanning 91.09 acres, is available for offers. Parcel 3, a 6.69-acre parcel, is priced at $3.00 per square foot and is only available for sale with Parcel 1, or after Parcel 1 is sold and the transaction is closed. Note that Parcel 3 will be subject to a road easement providing access from Benson Road to Parcel 1. City water is readily available, and a city sewer connection is currently under review. Developers will be responsible for constructing hard-surfaced roads on the arterial roads. Proposed land use plans indicate zoning flexibility to accommodate a range of commercial projects. This prime location and the potential for diverse development make this a compelling investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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