Mitchell SD Spruce St Mitchell, SD 57301
This exceptional 160-acre parcel presents a unique opportunity for industrial development in Mitchell, South Dakota. Located just one mile from I-90, via the East Spruce Street/255th Street exit, this property boasts convenient access to major transportation routes, significantly reducing logistical costs and travel times. The land is currently zoned for urban development, with industrial zoning pending, offering flexibility for a wide range of industrial uses. Its level terrain simplifies site development, minimizing preparation costs and expediting construction timelines. The property features paved road access, ensuring seamless transportation of materials and personnel. The site's proximity to Mitchell's city center provides easy access to a skilled workforce, essential services, and community amenities. The acreage is divisible, offering options for smaller-scale developments, ranging from 4 acres to the full 160 acres. This strategic location, coupled with its size and accessibility, makes this property an ideal investment for businesses seeking a prime industrial location in a thriving South Dakota community. The property is situated in Davison County, South Dakota, with a Mitchell, SD 57301 zip code. Contact for pricing.
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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.