0 Sd-15 Wilmot, SD 57279
This exceptional 22,500+/- square foot commercial and industrial land parcel is strategically located along SD Highway 15 in Wilmot, South Dakota, offering a versatile development opportunity. Priced at $55,000 ($2.44/SF), this property presents significant potential for various uses, including offices, small retail spaces, or industrial shops. Its convenient location is seven miles east of I-29 and nine miles west of Big Stone Lake, providing excellent accessibility. The property requires annexation by the city to secure commercial zoning. The area boasts a thriving local economy, with nearby businesses such as Sinclair Gas Station, RC Technologies, Minnwest Bank, The Grind Coffee+Café, Route 15 Body Works, CHS, Wilmot Lumber Yard, Whetstone Ag Supply, Wilmot Foods, and Jean's Bridal. The surrounding area also benefits from frequent recreational hunting and fishing activities, attracting a significant population. This presents a unique chance to capitalize on both commercial and recreational opportunities in a growing community. The property is zoned for commercial use upon annexation.
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
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.