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    OFF-MARKET
    Land

    27313 Prairie Wind Rd, Tea, SD 57064

    26.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 26.2-acre parcel presents a unique opportunity for residential development in the desirable Tea, South Dakota area. Currently divided into twenty individual lots, this property offers significant potential for builders or investors seeking a substantial land holding. Conveniently located south of Tea, it provides quick access to Interstate 29 via Exit 71, ensuring easy commutes to Sioux Falls (approximately 3 miles away) and beyond. The property is situated within the Tea school district, adding to its appeal for families. The land is zoned A-1 Agriculture, offering flexibility for various development plans. Prospective buyers are advised to independently verify the availability and specifics of utilities. A 2023 appraisal is available upon request, subject to the signing of a non-disclosure agreement. The address is 27313 Prairie Wind Rd, Tea, SD 57064, within Lincoln County. This is a remarkable opportunity to acquire a large tract of land in a rapidly growing community, offering both immediate and long-term value. The asking price for this expansive property is $935,000.

    Property profile
    Verified
    Property type Land
    Lot 26.2 ac (1,141,272 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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