85th St & Minnesota Ave Sioux Falls, SD 57108

Property Details for 85th St & Minnesota Ave

Property type

Land

Description

This exceptional commercial land parcel presents a unique investment opportunity in Sioux Falls, South Dakota. Strategically located at the intersection of 85th Street and Minnesota Avenue, this property benefits from its proximity to a Walmart and enjoys high visibility on a major arterial road. The site plan offers considerable flexibility in parcel size, catering to a range of development needs. A key advantage is the frontage lot on Minnesota Avenue, now the primary thoroughfare connecting Sioux Falls to the rapidly expanding Harrisburg area to the south. The property is ideal for junior box retail, with interior pad sites available, and the concept plan includes outlots along an interior ring road. Further enhancing its appeal is the planned 2023 completion of a new interchange at I-29 and 85th Street, significantly improving accessibility. The area boasts a strong demographic profile, with a one-mile household income of $185,285 and a substantial employment base ensuring a robust daytime population. This location capitalizes on current population and demographic trends, promising solid future growth. The property is zoned C-4 (Phase 1). This is a rare chance to secure a prime commercial site in a thriving South Dakota market.