1901 Marion Rd, Sioux Falls, SD 57107
This exceptional commercial land parcel, spanning 1 to 2.13 acres, is strategically located in Sioux Falls, South Dakota, at 1901 N Marion Rd, 57107. Boasting a land value of $10 per square foot, this property presents a unique investment opportunity within a rapidly expanding area. The site enjoys excellent access to I-29, placing it within easy reach of major transportation routes. Its proximity to Jefferson Heights, a burgeoning residential development anticipating home values between $400,000 and $850,000, ensures strong future demand. Furthermore, the location is conveniently close to Jefferson High School and George McGovern Middle School, serving a combined student population of 2,460 (2023-2024 school year). The surrounding area also benefits from the presence of Southeast Technical College, the University of South Dakota - Sioux Falls, and the University of South Dakota Discovery Research Campus, contributing to a vibrant and growing community. N Marion Rd experiences an estimated 10,700 vehicles per day, providing significant visibility and accessibility. This property is for sale by owner and represents a compelling chance to capitalize on the substantial growth potential of Northwest Sioux Falls, an area poised to become one of the city's most developed regions.
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.