0 Louise Harrisburg, SD 57032
This exceptional development opportunity encompasses a sizable parcel of land, ranging from 15 to 53 acres, strategically located in Harrisburg, South Dakota. Situated on the northeast corner of Louise Avenue (472nd Avenue) and 272nd Street, this property offers unparalleled access and visibility. Its proximity to key amenities is a significant advantage; it's conveniently located near Harrisburg Adventure Elementary School and Bakker Crossing Golf Course, enhancing its appeal for residential and commercial development. A concept plan envisions a dynamic mix of live/work and multi-family uses, capitalizing on the area's growth potential. The developer will provide access to the sewer main along the eastern boundary, while the buyer will be responsible for connecting to other necessary utilities. Lincoln County Rural Water service is readily available on both Louise Avenue and 272nd Street. The location is highly desirable, being within Harrisburg city limits, less than one mile from Interstate 29, a half-mile from Sioux Falls, and a half-mile from the future South Dakota Highway 100/South Veterans Parkway. Tea is also less than two miles away. The property will be delivered with all necessary annexation and zoning approvals from the City of Harrisburg already secured. Furthermore, the land is subdividable, allowing for flexibility in development plans and acquisition sizes. Interested parties should inquire about available lot sizes and corresponding pricing.
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.