0 Ohlman St Mitchell, SD 57301
This exceptional 2.87-acre commercial land parcel presents a unique investment opportunity in Mitchell, South Dakota. Strategically located on S Ohlman St, this property boasts a prime position near Interstate 90, benefiting from high visibility and accessibility. With an average daily traffic count of 9948 vehicles, this site offers unparalleled exposure for businesses seeking a high-traffic location. The property is zoned for Highway Oriented Business, providing flexibility for a wide range of commercial uses. Its proximity to numerous hotels, the South Dakota highway patrol headquarters, major employers, a grocery store, and fast-food restaurants ensures a strong customer base and convenient access to amenities. The asking price is $520,000, translating to $4.16 per square foot. This represents a compelling value for a site of this size and location. The seller is open to build-to-suit options or lease arrangements, offering further flexibility for potential buyers. This is an exceptional opportunity to establish a thriving business in a vibrant and growing community. The property is privately owned and located in Davison County, South Dakota, zip code 57301. Mitchell's population exceeds 15,000 residents, providing a substantial market for commercial ventures.
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
Similar Nearby for Sale
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.