Property profile

1901 Marion Rd Sioux Falls, SD 57107

OFF-MARKET
Land
1 ac lot
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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

Location

1901 Marion Rd Sioux Falls, SD 57107
Sioux Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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