Property profile

9 Pilot Way Hereford, SD 57719

OFF-MARKET
Land
1.15 ac lot
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Property summary

AI-generated overview

This exceptional 1.15-acre commercial lot, located at Lot 9 Pilot Way in Box Elder, South Dakota, presents a unique investment opportunity. Situated in the Leitzke Subdivision, this property boasts a highly desirable location just north of Interstate 90, ensuring exceptional visibility and accessibility. Neighboring established businesses such as McDonald's and Starbucks further enhance its appeal and potential for high traffic. The lot is zoned for Highway Service use, offering a diverse range of development possibilities (specific uses detailed in Appendix A of associated documents). All infrastructure is in place, including paved roads, curbs, gutters, and utilities stubbed to the lot line. The property is surveyed and platted, ensuring a smooth and efficient development process. The asking price of $552,000 includes the completed infrastructure improvements, expected to be finalized by 2025. This turnkey lot provides immediate access to a thriving commercial area, making it an ideal location for a variety of businesses seeking high visibility and convenient access to major transportation routes. The 57719 zip code and Pennington County location offer further advantages for businesses seeking a strategic foothold in this growing area of South Dakota.

Property profile

Verified
Property type Land
Lot 1.15 ac (50,094 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9 Pilot Way Hereford, SD 57719
Hereford 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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