27313 Prairie Wind Rd, Tea, SD 57064
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.
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
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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.