272nd 472Nd Ave, Sioux Falls, SD 57108
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.
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.