12th St & Ellis Rd Sioux Falls, SD 57107
This exceptional property presents a unique investment opportunity in Sioux Falls, South Dakota. Encompassing a substantial land area ranging from 11.4 to 28.9 acres, this parcel is ideally situated for diverse development projects, catering to both commercial and residential needs. Located at the southwest corner of 12th Street and Ellis Road, this land benefits from its strategic position within Sioux Falls' designated Tier 1 growth area, ensuring access to essential services. The City of Sioux Falls anticipates service availability by 2020, further enhancing the property's appeal. The location offers convenient access to major transportation arteries, with Interstate 29 less than three miles away, facilitating seamless connectivity throughout the region. Adding to its desirability, the property is within minutes of Family Park, a family-friendly urban fishing park, providing a nearby recreational amenity. This versatile land parcel presents a compelling opportunity for developers seeking to capitalize on Sioux Falls' thriving growth and create a significant development in a highly sought-after location. The expansive acreage allows for a wide range of development possibilities, from large-scale commercial ventures to residential communities, making it an attractive investment for discerning buyers. The zoning and potential uses should be verified independently. The address is 12th Street & Ellis Road, Sioux Falls, SD 57107.
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
Similar Nearby for Sale
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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.