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    OFF-MARKET
    Land

    272nd 472Nd Ave, Sioux Falls, SD 57108

    12.41 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 12.41-acre land parcel presents a unique investment opportunity in a rapidly growing area of Sioux Falls, South Dakota. Currently zoned A-1 Agriculture, this property boasts significant potential for mixed-use development, offering flexibility for a variety of commercial, industrial, or agricultural ventures. Strategically located at the southeast corner of Highway 117/472nd Avenue (Louise Avenue) and 272nd Street, it enjoys high visibility and convenient access to major transportation arteries. Its proximity to Bakker Crossing Golf Course and Adventure Elementary School in Harrisburg adds to its appeal. The property benefits from easy access to Interstate 29 and the future South Veterans Parkway/SD Hwy 100, ensuring seamless connectivity throughout the region. Situated approximately 1.5 miles south of Sioux Falls and 3 miles from Tea, this location offers the best of both worlds – suburban tranquility with easy access to a major metropolitan area. Infrastructure is already in place, with access to Lincoln County Rural Water and a new Harrisburg sewer line stubbed directly to the site. Importantly, the land is annexed into the City of Sioux Falls, simplifying development processes and offering access to city services. This prime location, combined with its versatile zoning and readily available infrastructure, makes this 12.41-acre tract an ideal investment for developers seeking a high-growth area with significant upside potential. The asking price is $2,162,318.

    Property profile
    Verified
    Property type Land
    Lot 12.41 ac (540,580 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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