You are browsing as a guest. Register to access key data for free.
Property profile

85th St & Minnesota Ave Sioux Falls, SD 57108

OFF-MARKET
Land

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 85th St & Minnesota Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message