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Property profile & analytics
OFF-MARKET
Land

0 Ohlman St Mitchell, SD 57301

2.87 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.87 ac (125,017 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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