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    OFF-MARKET
    Land

    1901 Marion Rd, Sioux Falls, SD 57107

    1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 1 ac (43,560 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
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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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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