Property profile

38 Hartford Sd 57033 Hartford, SD 57033

OFF-MARKET
Land
25 ac lot
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Property summary

AI-generated overview

This exceptional 25-acre parcel presents a unique investment opportunity in Hartford, South Dakota. Strategically located at the intersection of Colton Road and Highway 38, directly across from West Central High School, this property boasts unparalleled visibility and accessibility. Its prime location offers easy access to Interstate 90, providing convenient connectivity to Sioux Falls, just 10 miles away, and the central core of Hartford. Highway 38 sees 4,324 vehicles daily, while I-90 boasts an impressive 16,090 vehicles per day, ensuring significant traffic exposure for any development. The surrounding area shows substantial residential growth, creating a strong demand for commercial and residential projects. This versatile land is suitable for a variety of developments, including retail, office, and multi-family housing, catering to the needs of a thriving community. The property is available in Fall 2024. The asking price ranges from $4.75 to $8.00 per square foot, reflecting the exceptional potential of this location within a growing small town offering the advantages of proximity to a major city. This presents a fantastic opportunity to capitalize on the dynamic growth of Hartford and its strategic location. The small-town atmosphere combined with the convenience of Sioux Falls makes this a highly desirable area for both businesses and residents.

Property profile

Verified
Property type Land
Lot 25 ac (1,089,000 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

38 Hartford Sd 57033 Hartford, SD 57033
Hartford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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