0 Heather Ln Summerset, SD 57718
This exceptional 2.71-acre commercial lot, located at Heather Ln lot 5 in Summerset, South Dakota (zip code 57718), presents a unique investment opportunity. Priced at $289,000, this property boasts a General Commercial (GC) zoning designation, allowing for a wide range of commercial development possibilities. The lot is situated in a new subdivision conveniently located off Sturgis Road, offering easy access to major transportation routes and the interstate. City water, gas, and electricity are readily available at the lot line, streamlining the construction process. While a stormwater detention cell is present on the property, the asking price reflects the impact of this unbuildable portion. Regional drainage infrastructure is already in place, minimizing development delays. This rapidly growing commercial area offers significant potential for businesses seeking to establish or expand their operations. The competitive pricing makes this a compelling opportunity for investors and developers alike. The property is owned by an LLC. The price per square foot of land value is $2.45.
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.